Richard Favier

Richard Favier

Richard is a professional trustee representative at Dalriada.  He was Head of Restructuring and Insolvency at the Pension Protection Fund (PPF) from its inception to 2013, and is also a former adviser to Government Ministers on UK, European and international insolvency policy.

Awarded an OBE in 2011 for Services to Business, he was at the heart of all restructuring projects involving the PPF, including Nortel, Lehman, Kodak and UK Coal.  He left the PPF in 2013 to set up his own consultancy business, Favier Ltd, and has since been involved in a number of pensions-related projects for clients, including advising on the rescue of Monarch Airways and Halcrow Group.

Richard is Accredited as a Professional Trustee by the Association of Professional Pension Trustees. He is known for his highly developed negotiating skills, collaborative and imaginative approach, commerciality, and ability to engage efficiently, effectively and empathetically with all parties involved in a situation to achieve a better outcome.