Nick Carter, who joins Pada from his role as chief corporate officer at consultancy firm PA Consulting, was previously chief legal counsel at Capital One Bank in Europe, having started his career as an IP and IT litigation lawyer at Freshfields.
At Pada Carter will play an active role in the delivery of the Government’s personal accounts scheme, which will come into effect in 2012.
The scheme is a trust-based occupational pension scheme and is intended to complement existing workplace pension provision.
Carter will oversee all legal, risk, compliance and governance matters arising in the personal accounts delivery programme and will build these functions for the trustee corporation that will operate the personal accounts scheme.
“My focus is to ensure that the multiple legal and other risks in the programme are well managed,” he said.