The Pensions Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes, has announced the appointment of Michael Eakins as its chief executive officer (CEO), subject to regulatory approval.
Dom Veney will continue to serve as interim CEO and lead the company until Mike takes over.
Eakins will join Athora upon completion of its acquisition of PIC. He is leaving Standard Life, where he currently serves as chief executive of retirement solutions and asset management and group chief investment officer.
David Weymouth, Chairman of the Pensions Insurance Company, commented: “I am delighted that Mike will be joining PIC at such an important time in the development of the business. He is a highly regarded leader with extensive industry experience.”
Eakins said: “I have always admired what the PIC team has achieved, so I am delighted to be joining them as CEO. PIC’s clear sense of purpose is fundamental to the success of the business and is what I hope to build upon in partnership with the current leadership team and Athora.”
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