David CollinsonSenior Advisor
David is a senior advisor on a number of Strategic projects. Prior to this he had been responsible for Strategy since 2014 and between 2006 and 2014 was Co-head of Business Origination. David has nearly 30 years of experience in pensions and insurance and has led some of the largest transactions in the market, including the recent £1.6bn Total pensioner buy-in, the £1.5bn EMI all risks buyout and the £1.1bn Thorn buyout. Whilst in charge of strategy he led PIC's first debt issue and managed the 2016 equity raise.
David has been with Pension Insurance Corporation since its inception in 2006, prior to which he was Global Head of M&A services at Watson Wyatt.
Karen DignanHead of Internal Audit
Karen Dignan has 30 years' internal audit experience, the majority at a senior and Head of Audit level in a range of organisations, primarily financial services. She was previously Audit Director in Old Mutual and has also worked at Deutsche Bank, the Financial Services Authority, Lloyds (TSB) Bank and Citibank. She has a degree in Applied Social Science and Masters in Internal Auditing and Management. She is also a Chartered Fellow of the Institute of Internal Auditors (IIA), was a prize winner in her professional examinations and is a former President of her professional Institute.
Karen is responsible for internal audit, providing independent review and opinion on the governance processes, management of risk and systems of internal control within the Pension Insurance Corporation, helping the Board and Executive Management to protect the assets, reputation and sustainability of the organisation
Giles FairheadChief Risk Officer
Giles has over 10 years’ experience in the insurance market and has previously held senior roles at both the Prudential Regulation Authority (“PRA”) and PwC. Giles has a background in scientific research and holds a Doctorate in medical biochemistry from the University of Birmingham.
In his role as Chief Risk Officer at PIC Giles is responsible for issues relating to risk, regulation, governance, compliance, ORSA and the Solvency II regime.
Matt GoreChief Operating Officer
As Chief Operating Officer, Matt is overall responsible for the operations of the business. His core obligation is ensuring Pension Insurance Corporation's policyholders are paid the right pensions at the right time. Matt’s responsibility comprises of PIC’s Business Change and IT Functions, in addition to PIC’s Pension and Investment Operations teams, and the Scheme Onboarding team.
Formerly head of bulk annuity operations at Prudential, he was responsible for all elements of the transition of the three largest bulk annuity buyouts and led the team building operational infrastructure. Whilst there, Matt played a key role in the teams that secured four insurance company annuity books and helped achieve their successful transfer to Prudential.
Kim GozzettChief People Officer
As Chief People Officer, Kim is overall responsible for PIC’s human resource management and company culture and values. In addition, Kim leads many of PIC’s core business functions including Brand and Marketing, Facilities, Business Continuity and Cyber.
Previously the Managing Director of SG Hambros Bank UK Trust Company for 17 years, she was responsible for the Corporate Private and Charitable Trusts, their accounting tax and Investment Management. Kim has held many NEB roles, advising companies in all sectors and has led negotiations M+A transactions to successful conclusion.
She also established SG Hambros Financial Services Limited and held the position of Director on the Board of many of the Bank's subsidiaries and client companies. Kim latterly ran the Bank's London Human Resources.”
Rob GrovesChief Investment Officer
Rob leads PIC’s asset and liability management team and has overall responsibility for managing the company’s fast growing portfolio. Rob was previously CIO at Friends Life, with responsibility for running investment strategies for the annuities business, with-profits and unit linked funds.
This included optimising strategic asset allocation, tactical asset allocation and asset liability management with responsibility for assets totalling over £100 billion. Rob has previously worked for UBS, Dresdner Kleinwort and Towers Watson.
Louise InwardGeneral Counsel
Louise is responsible for legal and compliance matters at Pension Insurance Corporation. Louise was previously at PricewaterhouseCoopers Legal as Head of Pensions.
An expert in pension regulation, including the clearance and scheme funding regimes, Louise was heavily involved in the development of the Pensions Act 2004 and in particular the moral hazard and clearance provisions. She then established and led the Corporate Risk Management Team at the Pensions Regulator.
Jay ShahChief Origination Officer
Jay heads our Origination and Longevity Risk teams. He has overseen a number of landmark pension insurance transactions in his 10 years at the firm, including Phillips, Siemens, Cadburys and BHS.
Jay was previously actuarial adviser and Director of Corporate Finance at PricewaterhouseCoopers and then Corporate Development Director at Prudential UK where he led on £1bn+ bulk annuity transfers from other insurers. Jay has over 25 years of experience in the insurance and pensions sector having qualified as an actuary in 1991.
Alistair RobertsChief Information Officer
Alistair joined PIC in January 2017 and has more than 25 years’ experience in IT spanning a range of sectors including financial services, government, higher education and media. He was previously Director of IT for M&C Saatchi Plc.
Alistair leads PIC’s IT Department, ensuring the delivery of secure, reliable and efficient IT systems and services in support of PIC’s critical business activities.
Dom VeneyChief Actuary
Dom joined PIC in April 2018 and has 20 years’ experience in the UK life insurance industry, including most recently spending over 6 years as a partner at PwC, where he led their Life Actuarial Practice.
Dom is responsible for monitoring and reporting the company’s solvency position; advising on assumptions underlying technical provisions, pricing and policyholder options; supporting financial analysis requirements of other departments.