Watson Wyatt has promoted Paul Thornton to senior partner with effect from May 1, 2001 following the retirement of Bob Masding.
Thornton served as president of the Institute of Actuaries from July 1998 to July 2000 and chairman of the Association of Consulting Actuaries from June 1997 to June 1998.
He joined Watson Wyatt Partners (then R Watson & Sons) in 1974 after working for two years at Friends' Provident Life Office. He qualified as a Fellow of the Institute of Actuaries in 1975 and became a partner of Watson Wyatt in 1977.
Thornton is a member of Watson Wyatt's Partnership Board, having been chairman of the firm's management committee from 1995 to 1997. He is currently chairman of the pensions committee of the Group Consultatif of European Actuaries and chairman of the Committee of the International Actuarial Association.
By Janet Du Chenne
Former home secretary Amber Rudd is to return to the cabinet as work and pensions secretary after the resignation of Esther McVey.
This week's top stories included proposed draft regulations in a no-deal Brexit which would make scheme investments illegal, and Esther McVey's resignation as secretary of state.
There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.