Samantha Pitt

Director

What past colleagues say

Mark Engelbretson - Head of Pensions, Network Rail

"Samantha was a Trustee Director of the NR Pension Schemes (NR CARE and NRDC) for a period of just over 5 years. During that time, Samantha also acted as Chair of the Investment Sub Committee and as an employer representative on the Network Rail Pensions Committee of the Railways Pension Scheme. She showed throughout a significant understanding of the issues that face both defined contribution and defined benefits pension schemes, including setting investment strategy, changing scheme design, understanding regulatory requirements and negotiating with the employer on funding requirements and settling the actuarial valuations. Samantha was also good at challenging advisers and encouraging colleagues on the Board to contribute to debate on key matters. Finally Samantha showed a great empathy towards beneficiaries of the Schemes to ensure that decisions were made in their best interests."

About Samantha

Samantha joined LawDeb in 2018. She has around 25 years’ experience as a Treasury, Corporate Finance and Debt Financing professional gained in a variety of large complex Corporates. These are mainly Regulated utilities (rail, power, telecoms, and housing) in both the private and public sector.

Samantha is a qualified accountant and pension trustee. She has a proven track record in debt financing, cash/liquidity management, investment strategy, financial risk management and Corporate Finance (M&A, JV structuring and balance sheet/company restructurings). To her appointments she brings strong leadership with excellent strategic management and communication skills.

Current appointments

Since joining LawDeb Samantha has begun working across nine schemes including DB, DC and Hybrid with assets ranging from £3m to over £4bn. She chairs a large DC scheme as well as sitting on Audit and Risk and Operations Committees.  She has supported projects including corporate transactions and securitization of future funding and buy-ins.

Notable successes

  • Acted as trustee to the Network Rail (NR) DC, CARE and DB (part of Railway Pensions Scheme) pensions schemes
  • Chaired the Investment Committee for the NR CARE and DC Schemes which conducted regular reviews of investment strategy and Implemented a Liability Hedging Strategy for the NR CARE pension scheme
  • Led the issuance and management of a £50bn debt (including inflation linked bonds) and £30bn derivative portfolio at NR
  • Led negotiation with HM Government of the financial rules and governance for NR post reclassification to the Public Sector and NRs future capital and financing structure
  • Acts as a NED of The Guinness Partnership (one of the largest Housing Associations) and Chair of its Audit and Risk Committee and Pensions Committee

Professional roles and qualifications

  • ACCA (Accountancy)
  • Pension Management Institute (PMI) Trustee