Standard Life has appointed Uzma Nazir to the newly created role of senior director, head of PRT origination within its PRT business.
Nazir brings two decades of industry experience, having served on the leadership team that launched Blumont Annuity after spending most of her career at Pension Insurance Corporation (PIC) where she held a variety of roles.
Throughout her career, she has led teams across the full risk transfer process, from business development through to execution and implementation of deals. Over the course of her career, she has been responsible for the delivery of over £20bn of landmark bulk annuity deals, including the largest buyout transaction to date in the UK.
Claire Altman, managing director for PRT and individual retirement, said: "The PRT market continues to present significant opportunities, and we're investing in our people and capabilities to ensure we're well placed to support schemes of all sizes. Uzma brings outstanding market knowledge and strong relationships, and her experience in delivering some of the UK's most significant transactions will be a tremendous asset, particularly as we look to capitalise on the opportunity to support the largest, most complex schemes backed by our new partnership.”
