London, United Kingdom, November 2025 — The Pension Protection Fund (PPF) has announced the appointment of Neil Hendricks as its new Chief Technology Officer (CTO). In his new role, Neil will lead the organization’s digital transformation, technology modernization, and cybersecurity strategy to enhance service delivery for its 249,000 members across the United Kingdom.
Before joining the PPF, Neil Hendricks served as IT Director at Hg, a leading technology-focused private equity firm managing approximately $80 billion in assets under management (AUM). Over his 21-year tenure, Neil played a pivotal role in defining and implementing Hg’s technology and digital strategy across global offices. His leadership spanned the full technology stack — from infrastructure and cybersecurity to AI and data teams — ensuring operational resilience, digital innovation, and seamless user experiences across the firm.
At Hg, Neil was instrumental in driving enterprise-wide digital transformation and implementing Governance, Risk & Compliance (GRC) frameworks. He also managed strategic platforms including Microsoft Azure, Microsoft 365, S&P Global iLEVEL, Intapp DealCloud, and FIS Investran, enhancing data-driven decision-making capabilities across investment operations.
Earlier in his career, Neil served as Director of IT at HgCapital Trust plc, where he oversaw critical systems integration and infrastructure expansion. Before joining Hg, he held roles at Aviva, where he led a helpdesk team supporting 500+ staff and improved IT service triage systems, and at Accenture, where he delivered high-level client service and technical support to senior partners across flagship offices in London.
With over two decades of experience in cloud computing, cybersecurity, IT infrastructure, and digital strategy, Neil brings deep expertise in aligning technology leadership with business outcomes in highly regulated and complex environments.
About the Pension Protection Fund (PPF)
The Pension Protection Fund safeguards the retirement security of millions of people in the United Kingdom who belong to defined benefit pension schemes. If an employer becomes insolvent and can no longer fulfill its pension obligations, the PPF steps in to ensure that members receive the compensation they are entitled to.
As a public corporation, the PPF manages more than £32 billion in assets and serves approximately 249,000 members. Guided by its mission — to pay the right people, the right amount, at the right time — the organization is committed to responsible asset management, technological excellence, and continuous improvement in member services.
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