TPT Retirement Solutions appoints Paddy Lye as new Chief Operating Officer

In his role, Paddy will oversee TPT’s Pensions Administration, Technology Delivery, Change Management, and Supply Chain & Procurement functions. Paddy will lead the development of the company’s technology strategy and future growth plans. Paddy will report to David Lane, Chief Executive Officer at TPT, and has replaced Ash Price following his retirement.

With more than 20 years’ experience in leading strategic and operational transformations across a range of financial services businesses, Paddy brings a wealth experience to his new role. He joins TPT from the British Business Bank, where he was Chief Operating Officer, responsible for transforming the company’s Technology, Information Security, and Data capabilities, while overseeing its Technology, Change Business Resilience, Procurement and Middle-Office functions. Prior to this role, Paddy was a Management Consultant at KPMG leading and advising on customer and digital transformation, and Internal Audit Manager at Nationwide Building Society.

Commenting on the appointment, David Lane, Chief Executive Officer of TPT Retirement Solutions, said: 

“I wish Paddy a warm welcome to the Executive Board. His wealth of knowledge and experience will be a valuable addition to the team at an exciting time for TPT. As we look to enhance our digital and data capabilities to keep up with the company’s growing business size and ambitions, Paddy will be critical in aligning our products and services with our client needs and the market’s demands.”

Paddy Lye, new Chief Operating Officer at TPT, said: 

“I am delighted to join TPT at a time of such change in the industry.  I look forward to working with the team to develop our strategy for growth and digital transformation. This is an exciting time for TPT and I am looking forward to the challenges and opportunities ahead.”