The Pension Protection Fund (PPF) has appointed former Allianz CRO Stephen Wilcox as chief risk officer.
Replacing Hans den Boer, who left the PPF after three years of service, Wilcox will now be responsible for all the PPF’s risk functions.
In his role as CRO at Allianz, Wilcox set up the first comprehensive risk team and implemented its approach to Solvency II. He has been with the insurance giant since 1996, having worked among others as senior reinsurance manger, capital modelling actuary and Solvency II programme lead. In addition, he also acted as chair of the UK actuarial profession’s CRO group.
PPF CEO Oliver Morley comments on his appointment: “As the PPF continues to grow and evolve, identifying and managing those risks will only become more important. Stephen’s proven expertise and leadership will ensure we remain committed to best practice in risk management.”
Wilcox adds: “I’ve been impressed by how I’ve seen the PPF develop and grow into a mature and established organisation in often challenging times. I look forward to playing my part in further embedding a high calibre framework for risk management at the heart of the PPF’s mission, providing a valuable safety net for millions of pension scheme members.”
