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BCF picked up the award for Good Governance for its work to reduce its pension deficit.
February 27, 2023
By: David Savastano
Editor, Ink World Magazine
The British Coatings Federation (BCF) achieved a double win in both of their shortlisted categories at the 2023 Trade Association Forum (TAF) Awards. BCF picked up the award for Good Governance at the prestigious Trade Association Forum Awards for their work to reduce their pension deficit, which was the major financial issue facing BCF in the past 10 years. Through the delivery of a clear strategy and long-term prudent financial management by the BCF Board of Directors – combined with leadership from BCF to grow mem-bership and commercial income – the BCF Pension Scheme Trustees were finally able to sell the pension scheme without any additional investment from the BCF’s reserves in 2022. Amy White, BCF senior marketing and design executive, was also named the sector’s Rising Star. “At just 24 years old, Amy has outstanding creativity and design skills, and has created fantastic in-house marketing outputs for the Federation, together with her colleague Sophie Dunham – which have delivered significant growth in BCF’s press coverage and social media statistics. I am thrilled for Amy for this much deserved recognition so early in her career,” said Tom Bowtell, BCF’s CEO. Now in its 20th year, the Trade Association Forum Awards 2023 are supported by the Department of Business and Trade, and recognize excellence, innovation and best practice amongst Trade As-sociations in the UK. The BCF team winning the Good Governance and Rising Star Awards at the 2023 Trade Associa-tion Forum Awards. (Source: British Coatings Federation)
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