REG - Pension Ins Corp plc - PIC Appoints Mike Eakins as CEO

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RNS Number : 8355V  Pension Insurance Corporation PLC  09 March 2026

 

PENSION INSURANCE CORPORATION APPOINTS MIKE EAKINS AS CHIEF EXECUTIVE OFFICER

London, 9 March 2026 - 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 Officer(1).

 

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."

 

-     ends -

 

Notes to Editors

1)   Mike Eakins: Mike is currently Chief Executive Officer of Retirement
Solutions and Asset Management, and Group Chief Investment Officer for
Standard Life.  Prior to joining Standard Life, Mike 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, Mike qualified as an
actuary with EY.

 

For further information please contact:

 

Jeremy Apfel

Managing Director, Corporate Affairs

Apfel@pensioncorporation.com (mailto:Apfel@pensioncorporation.com)

020 7105 2140

 

About PIC

The purpose of PIC is to pay the pensions of its current and future
policyholders. PIC provides secure retirement incomes through comprehensive
risk management and excellence in asset and liability management, as well as
exceptional customer service. At half year 2025, PIC had fully secured the
pensions of 399,200 people, and had a portfolio of £51.5 billion, accumulated
through the provision of tailored pension insurance buyouts and buy-ins to the
trustees and sponsors of UK defined benefit pension schemes. PIC has made
total pension payments of £17.8 billion to its policyholders, with a 99%
customer satisfaction rating. PIC has invested £14.6 billion in private
investments to date including in UK housing and infrastructure, creating
considerable social value. Clients include FTSE 100 companies, multinationals
and the public sector. PIC is authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential
Regulation Authority (FRN 454345). For further information please
visit www.pensioncorporation.com (http://www.pensioncorporation.com/)

 

 

 

 

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