Lothian Pension Fund appoints new chief operating officer
Published: September 30, 2025
Lothian Pension Fund has appointed Barry MacLennan as its new chief operating officer, coming into effect from 20 October.
An experienced finance leader with a varied career across the life, pensions and investment sectors, MacLennan’s most recent role was as chief executive of Embark Investments – a business that was bought by Lloyds Bank three years ago.
He has also spent time lecturing at Napier University and has held leadership roles at Martin Currie and Standard Life.
Lothian Pension Fund chief executive David Vallery said: “Barry brings a wealth of experience from across the financial services sector, and his proven track record in developing high-performing teams will be invaluable as we continue to strengthen our organisation.
“Barry’s commitment to supporting colleagues and enhancing our member focus aligns perfectly with our values. His insight and leadership will be a tremendous asset as we work to deliver outstanding pension and investment services to our members, employers, and partner funds, and as we continue to grow and innovate for the future.”
MacLennan added: “I’m delighted to be joining LPF and look forward to working with colleagues to continue delivering the excellent service provided to LPF members and employers.
“After working in financial services for over 30 years, it’s very encouraging to find an organisation so focused and committed to doing the right thing for its customers. I’m excited to have the opportunity to sustain and further develop that commitment.”
