Pension Insurance Corporation (PIC) has appointed Michael Eakins as CEO, subject to regulatory approval.
Eakins will join PIC following the completion of Athora’s acquisition of PIC from Standard Life. He is currently CEO of retirement solutions and asset management, and group chief investment officer (CIO) at Standard Life.
Dom Veney will continue to lead PIC as interim CEO until Eakins formally joins.
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.”
Prior to joining Standard Life, Eakins was a managing director at Goldman Sachs, where he spent more than 14 years in a variety of client-facing roles. Before joining Goldman Sachs, he qualified as an actuary with EY.
Standard Life's head of capital markets, Nuwan Goonetilleke, has been appointed interim group CIO and retirement solutions & asset management CEO.