Capita Employee Benefits has appointed Akash Rooprai as head of pensions risk management.
Rooprai will have specific responsibility for bulk annuities, liability de-risking and journey planning.
He brings over 25 years of experience through previous roles at Partnership and Mercer. During his career, he was involved in the first buy-out over £1 billion, the first public sector bulk annuity, the first transaction in the UK involving a captive insurer and the first transaction for deferred only pensions where pensioners had not been insured first.
Rooprai said: "Risk management is on the agenda for all pension schemes, especially in such current times where the unpredictable is seemingly normal. I'm excited to lead the team and be able to draw on their immense talent and experience from across the pensions industry."
Commenting on the appointment Capita Employee Benefits director -actuarial and investment consulting Julie Stothard said: "Akash brings with him outstanding experience in the field. We look forward to benefiting from this as we continue to navigate uncertain times in the industry and providing effective and secure solutions for our clients."
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