RPMI has appointed Michelle Ostermann as Managing Director of its Investments business. Michelle took up the role following the retirement of Julian Cripps in December 2019. 
 
As Managing Director, Michelle is responsible for the leadership of the Investments business as it manages the £30 billion of assets for the railway pension schemes to continue to meet the commitments made to the schemes’ 350,000 members. 
 
Michelle joined the Investments business at the start of 2019 as Chief Fiduciary Officer with responsibility for determining the schemes’ investment requirements and risk strategies. Michelle was also appointed to the RPMI Board in September 2019. 
 
Before joining RPMI, Michelle worked at British Columbia Investment Management Corporation where she was Senior Vice President responsible for investment risk, strategy, research and corporate relations. She has 25 years’ experience in the investment, insurance and pension industries.