The Scottish American Investment Company P.L.C. announced the appointment of Padmesh Shukla as a non-executive Director of the Company with effect from 20 February 2024. Padmesh is the CIO of the TFL Pension Fund, and has over 25 years of investment experience, including 12 years in his current role at TFL. He was formerly head of Climate Change Financing at the London Development Agency, and prior to that he had worked at the World Bank, as a Researcher at Harvard and in real estate.

He is currently a member of the Church of England Pensions Investment Committee.