Global financial services firm, State Street Corporation, has appointed Gregory L. Summe as a board director, bringing the total number of members to 19.
Summe is chief executive officer and chairman of US commercial hi-tech company PerkinElmer.
He joined the Boston, Massachusetts-based PerkinElmer (then named EG&G) in January 1998 as president and chief operating officer. He was elected CEO and chairman of the board in 1999.
By Madhu Kalia
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.