Pension Insurance Corporation (PIC) has appointed Michael Eakins as chief executive officer (CEO), subject to regulatory approval.
Eakins will join from Standard Life plc, where he is CEO of retirement solutions and asset management, and group chief investment officer.
Eakins will start after Athora completes its acquisition of PIC.
Dom Veney will stay on as interim CEO until Eakins takes up the post.
David Weymouth, chairman of PIC, 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.
“I have long admired what the team at PIC have achieved, so I’m very excited to be joining them as CEO.”
Weymouth added: “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.”