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Dr Anna Tilba

Associate Professor in Management and Marketing

PhD, University of Liverpool Management School, 2011

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Associate Professor in Management and Marketing in the Business SchoolA224 


Dr. Anna Tilba is an Associate Professor in Strategy and Governance in Durham University Business School. She joined Durham University in 2018 having previously spent five years in Newcastle University Business School where she was a researcher in Strategy and Corporate Governance and a Director of Corporate Engagement. She holds a PhD in Corporate Governance from the University of Liverpool Management School. She is known for her research in pension fund governance, accountability and transparency within the UK Financial Services and institutional investor compliance with the codes of best practice. Dr. Tilba has a strong record of publications in top tier international academic journals. She also reviews papers for such scholarly journals as Corporate Governance: An International Review, Organization Studies, European Management Review, Business History and her papers appear at various international conferences.

Dr. Tilba has years of experience of working and advising the UK policy makers. She has been a member of the Advisory Committee on Fiduciary Duties of Investment Intermediaries for the UK Law Commission. She has also been conducting a research project for the UK Financial Conduct Authority (FCA) into the effectiveness of the investment oversight committees, which is published alongside the FCA's Asset Management Market Study. She has also contributed to the Competition and Markets Authority’s Investigation into the investment consultancy and fiduciary management services and The Pension Regulator’s trustee guide. She is regularly invited to speak at the financial services industry events and round table discussions dedicated to improving governance and accountability standards within financial services. Most recently she presented her newly published research into pension fund fiduciary duties and intergenerational fairness at the Royal Society.

Dr. Tilba is a Policy Fellow at Cambridge University Centre for Science and Policy

Dr. Tilba also advises on strategy to UK’s largest pension funds and she is an Ambassador for the UK Transparency Taskforce, which is the collaborative, campaigning community, dedicated to driving up the levels of transparency in financial services, right around the world 

Research interests

  • Pension fund governance and investment practises
  • Accountability and transparency within the UK Financial Services
  • Institutional investor stewardship and engagement

Esteem Indicators

  • 2021: The Pensions Regulator's Diversity and Inclusion Sub-Working Group Advisory Board Member :
  • 2020: Independent Reviewer of Best Practice Principles for Shareholder Voting Research & Analysis :
  • 2020: Pension Policy Academy, Member of the Advisory Board:
  • 2020: TTF Violation Tracker Advisory Board Member :
  • 2019: Policy Fellow, Cambridge University Centre for Science and Policy : ;
  • 2017: 2017-2018 Visiting Professor, Ritsumeaikan University, Japan :
  • 2016: Ambassador, UK Transparency Taskforce : Dr. Anna Tilba – Transparency Task Force


Chapter in book

Conference Paper

  • Tilba, A. (2014), Stewardship and Fiduciary Duties: The Spectrum of Pension Fund Engagement, British Academy of Management conference (BAM 2014): The Role of the Business School in Supporting Economic and Social Development. Belfast, Northern Ireland, British Academy of Management.

Conference Proceeding

Journal Article

Newspaper/Magazine Article

  • Keating, C., Tilba, A. & Clacher, I. (2020). Managing and Measuring DB Schemes. AgeWage
  • Tilba. A. (2020). Making Stewardship Count. Impact Magazine (8).
  • Tilba, A. (2020). Beware of pension scams as reports of fraud soar during the COVID-19 pandemic. FT Adviser
  • Tilba, A. (2019). Building a regulatory framework for effective stewardship by connecting academic research with the world of policy. Impact Magazine
  • Tilba, A. & Wilson, J. (2019). Power and Accountability in British Business. Impact Magazine (5).
  • Tilba. A. (2019). Connecting research with policy for stronger stewardship. Durham news

Other (Digital/Visual Media)

  • Tilba, A. (2019). Fiduciary Duty under the Microscope. Stewardship and the Spectrum of Pension Fund Engagement.

Other (Print)


  • Tilba, A. (Published). Competitions and Market Authority Investment Consultants Market Investigation: Provisional Decision Report: Response from Dr. Anna Tilba. Competition and Markets Authority.
  • A. Tilba (2021). LGPS Report on Script Dividends.
  • Tilba. A (2020). Response to the IFRS Consultation Paper on Sustainability.
  • Tilba, A. (2019). Parliamentary Inquiry into Pension Costs and Transparency: Written evidence from Dr Anna Tilba (PCT0027). UK Parliament.
  • Tilba, A. (2019). BPP Consultation Qualitative Survey Responses Analysis Report. BPP Oversight Committee.
  • Tilba, Anna. & Keating, Con. (2018). Governance and Regulation for Collective Defined Contribution Schemes. Long Finance.
  • Tilba, A. (2018). Competitions and Market Authority Investment Consultants Market Investigation: Provisional Decision Report: Response from Dr. Anna Tilba. Competition and Markets Authority.
  • Clacher, I., Keting, C. & Tilba, A. (2017). A Primer on the Risk Structure and Contractual Accrual Rate of DB Pensions. London, Z/Yen Group Limited.
  • Clacher, I., Keting, C. & Slater, A. (2017). A review of the Response to The Department of Work and Pensions consultation on ‘Security and Sustainability in Defined Benefit Pension Schemes. Long Finance.
  • Tilba, A., Baddeley, M. & Yixi, L. (2016). FCA Asset Management Market Study: Research Report on the Effectiveness of Oversight Committees: Decision-Making, Governance, Costs and Charges. London, Financial Conduct Authority.
  • Tilba, A. & McNulty, T. (2013). Engaged versus disengaged ownership: the case of pension funds in the UK. Law Commission.

Supervision students

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