Paul Osborn - Chief Executive
joined the Society in 2006 and was appointed to the Board as
Finance Director in February 2007 and as Chief Executive in
He is a Chartered Accountant with over 13 years' experience in
the friendly societies industry and over 10 years working for a
London based firm of chartered accountants.
Prior to joining Foresters, Paul worked for Teachers Provident
Society holding senior positions in finance and investment.
Patrick Phelps - Finance Director
Patrick was co-opted to the Board as Finance
Director on 27 June 2013.
Patrick is a qualified Actuary (FIA, 1987 - Institute and
Faculty of Actuaries) and has worked in the insurance industry
since 1976 covering investment and liability management of
insurance and pensions as well as unit trusts and retail
Prior to joining Foresters, Patrick
worked for Teachers Assurance (friendly society) as Head of
Actuarial and Product Development and previously served as a
director to several of their subsidiary companies.
Mike Wilkinson - Chairman
Mike was appointed to the Board in September 2012 and
subsequently elected Chairman, and Chair of the
Investment Committee. He is also a member of the Nominations
Committee, Remuneration Committee, Risk Committee and With Profits
Advisory Arrangements (WPAA). He was previously
Chief Actuary of Genworth Financial Lifestyle Protection in
Europe before retiring in March 2012 and has over 35 years
of insurance experience in a variety of risk/actuarial,
compliance, finance and senior executive roles.
He has a B.Sc. (Class 1) in Mathematics, a Ph.D. in Mathematical
Foundations of Quantum Theory and is a Fellow of the Institute and
Faculty of Actuaries.
Kathryn Vagneur - Deputy Chairman
Kathryn was appointed to
the Board in March 2008, and elected to the position of Deputy
Chairman in September 2012. She is also Chair of the Risk
Committee and a member of the Audit Committee and the Investment
Committee. Kathryn is a Director of Durant Ltd, a private
Previously, a Director with PricewaterhouseCoopers, she
has a PhD from London Business School where she did research
for the CBI and consulted on strategy implementation with
FTSE100 companies. She is a Certified Public Accountant and has an
MSc (Management), BSc (Maths) and researches and writes about
corporate governance and business improvement.
Cheryl Eagleson - Senior Independent Director
Cheryl was elected to the
Board in September 2008 and appointed Senior Independent Director
in October 2012.
She is Chair of the Nominations Committee and a member of the
She is retired and worked in the paper and textile industry for
most of her career. She is an active Forester and has held offices
within the Society's structure.
John was appointed to the
Board in December 2012, and is Chair of the With Profits
Advisory Arrangements (WPAA) and a member of the Audit Committee
and the Investment Committee. He is employed by the
Financial Reporting Council as a Project Director in the Codes and
His experience includes business management, product
development, actuarial reporting, as well as setting and
overseeing Business Plans.
John is a Fellow of the Institute and Faculty of Actuaries and
has a BA in Mathematics from Oxford.
was elected to the Board in 2007 and is Chair of the Remuneration
Committee. She is also a member of the Investment Committee and the
With Profits Advisory Arrangements (WPAA). Penny has had wide
experience of the financial sector including banking and financial
She now runs a company offering investment and protection advice
and services. Penny is also a regular contributor to the BBC and
other television channels, the financial press and various money
Graham was co-opted to the
Board on 31 July and is a member of the Audit Committee, With
Profits Advisory Arrangement and Remuneration Committee.
Graham is semi-retired and involved with the Prince's Trust as
an Enterprise & Next Steps Scheme Business Mentor. Prior
to this, Graham held the positions of Director and Chief Executive
for American Express Insurance Services Europe Limited as well as
various marketing and management positions within the insurance
sector including Àegon.
Graham has a HND in Business Studies from the University of West
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