M&G Life expands corporate pension solutions team with new director

M&G Life has appointed Joyeeta Kanungo (pictured) as director of product and structuring in the corporate pension solutions team. 

Kanungo will lead the products and structuring team, bringing together product strategy, structuring and investment to develop propositions for the pension risk transfer and workplace pensions business.

Kanungo brings 18 years of experience in pensions, insurance and retirement markets. 

She joins from Standard Life where she was head of market risk and matching adjustment, covering asset structuring and capital management in the mortgage solutions business. 

She has also held senior roles at Legal & General and Swiss Re.

Kerrigan Procter, managing director of corporate pension solutions at M&G, said: “I’m delighted to welcome Joyeeta to M&G at an important time for the UK institutional pensions market. 

“As pension schemes’ needs become increasingly varied, trustees are looking for insurers that can combine financial strength with the expertise and flexibility to support their long-term objectives. 

“Drawing on M&G’s heritage, scale and broad investment capabilities, we are well positioned to develop solutions that meet those evolving needs.”