SEI Appoints Priti Ruparelia to the SEI Master Trust Board

LONDON, 3 Oct. 2024 - SEI^® (NASDAQ:SEIC) today announced that Priti Ruparelia has been appointed to the SEI Master Trust Board of Directors. In addition to her board responsibilities, Ruparelia will serve as a member of the Master Trust Investment Sub-Committee.

Ruparelia is Trustee Director and Head of Defined Contribution at Independent Governance Group (IGG), one of the UK's leading providers of professional pensions trusteeship and governance services. With more than 25 years of experience in the pensions sector, Ruparelia's experience includes managing defined contribution (DC) contracts and single trust and master trust arrangements, establishing new DC pension schemes, and transitioning schemes to master trust arrangements. Ruparelia previously led the DC Client Relationship team at Legal and General Investment Management (LGIM), where she managed the organisation's master trust relationship for a period of time. Prior to LGIM, Ruparelia managed DC and defined benefit relationships as a Senior Client Director at BlackRock and Aegon.

Commenting on Ruparelia's appointment, Allan Course, Chair of the Trustee, said:

"As the pensions industry continues to experience constant evolution, members and employers are looking for a master trust that offers them stability-and we're committed to evolving our trust, as well as the talent on the Trustee Board that supports it, to meet their needs. The breadth of Priti's knowledge across the DC and pension provider space, as well as her ability to build collaborative relationships with trustees, employers, and advisers, will be invaluable assets to our board. We're excited to welcome her and look forward to working with her to deliver better member outcomes through to retirement and beyond."

Ruparelia added:

"I'm delighted to be joining the SEI Master Trust and look forward to working with the board to contribute to its continued success. I'm eager to bring my experience and insights to work together in driving positive outcomes for our members and stakeholders."

Throughout her career, Ruparelia has been dedicated to developing and enhancing the pension member experience, with a keen interest in improving communication to drive positive outcomes for members. She is a trustee to several DB and DC pension schemes and is a member of both the DCIF Advisory Board and the Pensions Management Institute. Ruparelia holds a Bachelor of Science (Honours) degree in Decision Sciences from the University of Hertfordshire.

About SEI^®

SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to help drive growth, make confident decisions, and protect futures. As of June 30, 2024, SEI manages, advises, or administers approximately $1.5 trillion in assets. For more information, visit seic.com.

About the SEI Master Trust

The SEI Master Trust provides an end-to-end solution for employers delivering defined contribution (DC) schemes. An independently-assured DC provision, the SEI Master Trust encompasses investment management, member communications, and administration. SEI's U.K. Institutional business was established 25 years ago. Overseen by more than 125 in-house investment experts-and with its global scale and 17-year track record as one of the first commercial U.K. master trusts-the SEI Master Trust offers customised solutions and a complete member journey, guiding members to and through retirement.

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