Today, Clive Bolton, CEO of M&G Life, welcomed the appointment of Kerrigan Procter who will be joining M&G as Managing Director of our Corporate Risk Solutions business to accelerate our activity in the Bulk Purchase Annuity Market and develop derisking solutions for the corporate market. We are ambitious in this area. Having re-entered the Bulk Purchase Annuity market in September last year, we have secured three buy-in transactions, bringing sales to almost £1 billion in total. It is all part of our strategy to use the strength of our unique business model to develop capital lite and insurance backed investment solutions for this market. We look forward to welcoming Kerrigan when he joins in January. You can read more about the appointment here https://ow.ly/vzti50T3VnB.
Congratulations Kerrigan Procter, M&G is very lucky to have you!
Chief People Officer
2moWelcome Kerrigan Procter - great to have you joining M&G plc at such an important time. See you in a few months.