Stephen Field
Stephen heads up the executive of the TfL Pension Fund and started his career in the former London Transport Superannuation Fund office (now the TfL Pension Fund Office) and has since been employed in the pensions industry for more than 38 years.
He has held senior pensions positions within a number of companies, including Centrica Plc where he undertook a number of important roles during his 6 years there, culminating in that of Group Pensions Manager.
This was followed by a period with The Automobile Association, where he was Group Pensions Manager, a position he held for over 3 years and where he had responsibility for the provision of pension benefits and the governance and control of investments of the company’s benefit scheme.
Stephen rejoined TfL in January 2008 . He is a Trustee of the TfL Savings for Retirement Plan and a member of the management committee of the British Transport Police Superannuation Fund.
Stephen is a Fellow of the Pensions Management Institute.
Martin leads the executive of the TfL Pension Fund, having joined in March 2026. He has overall responsibility for managing the Fund on behalf of the Trustees and supporting the Trustees to drive their strategy and policies, including overall responsibility for managing the Trustees’ relationships with their advisers.
Martin has more than 20 years of experience in the pension industry. He was previously Head of Integrated Funding at Railpen, where he led a team of actuaries and covenant advisers supporting the Trustee of the railways pension schemes with all aspects of integrated funding, including leading critical strategic projects on behalf of the Trustee and Railpen with stakeholders across the rail and pension industries. This included ensuring that emerging pension regulations were supportive of open DB schemes, recognising their critical importance to members and key sectors of the UK economy, as part of which Martin provided written and oral evidence to the UK Parliament’s Work and Pensions Committee.
Prior to joining Railpen, Martin spent 16 years at Punter Southall (now XPS Pensions Group) where he was a Partner and corporate pensions adviser.
Outside pensions, Martin enjoys spending time with his family, running his local parkrun, gardening and following the Scotland football team.
Sekani joined TfL in June 2023 as the TfL Pension Fund’s Pensions Operations Manager, and with effect from March 2025 he was appointed as Head of Pensions.
Sekani is responsible for delivering ongoing pension administration services to Fund Members, bringing over 15 years of experience working on defined benefit pension schemes whilst at reputable third party pensions administration companies.
In December 2023, Sekani also became a Trustee of the TfL Savings for Retirement Plan.
Chief Investment Officer (CIO)
Padmesh Shukla is CIO of the TfL Pension Fund leading a team delivering the Fund's Investment Strategy with a current focus of diversifying the Fund’s bond and equities portfolio to building its large alternatives programme.
He also leads the Fund’s sustainability and engagement strategy in the Fund Office and is working on the delivery of the Fund's ambitious Net Zero targets. Emerging markets and climate change are of particular interest to him, having previously worked at the World Bank and the Centre for International Development.
He went to Harvard University on full scholarship for his Masters in International Economics and Development (major in Finance) and has a Bachelors in Civil Engineering.
He sits on the UK CFA Asset Owner Council and is also an independent investment committee member of the Church of England Pension Scheme.
Wai Yee joined TfL in January 2016 as the TfL Pension Fund’s Pensions Financial Controller and is responsible for the preparation of the Fund’s annual financial statements and the running of the Fund’s Finance Department.
Wai Yee is a Fellow of the Association of Chartered Certified Accountants and has almost 30 years of working experience in the pensions industry, both in house and third-party administration.
She has been a Trustee of the TfL Savings for Retirement Plan since July 2019.