Pension Insurance Corporation plc, a specialist insurer of defined benefit pension schemes, today announces the appointment of Michael Eakins, known as Mike, as Chief Executive Officer, subject to regulatory approval. Dom Veney will continue to lead PIC as Interim Chief Executive Officer until Mike formally joins.
Mike will join PIC, following the completion of Athora’s acquisition of PIC, from Standard Life plc, where he is Chief Executive Officer of Retirement Solutions and Asset Management, and Group Chief Investment Officer1.
David Weymouth, Chairman of Pension Insurance Corporation, said: “I am delighted that Mike will be joining PIC at such an important moment in the evolution of the business. He is a highly regarded leader with deep industry experience.”
Mike Eakins said: “I have long admired what the team at PIC have achieved, so I’m very excited to be joining them as CEO. PIC’s clear sense of purpose is fundamental to the success of the business and is something I want to build on, working with the current leadership team and Athora.”
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