Pension Insurance Corporation (PIC) has appointed Michael Eakins as its new chief executive officer (CEO), subject to regulatory approval.

Dom Veney will continue as PIC interim CEO until Eakins formally joins the defined benefit (DB) pension insurer.

Eakins will join PIC following the completion of Athora’s acquisition of PIC, which received regulatory approval last week (6 March) and is expected to complete on or around 27 March 2026.

He is currently Standard Life CEO of retirement solutions and asset management, and group chief investment officer.

Prior to joining Standard Life, Eakins was a managing director at Goldman Sachs, where he spent over 14 years in several client-facing roles.

Before joining Goldman Sachs, Eakins qualified as an actuary with EY.

Commenting on Eakins' appointment, PIC chair, David Weymouth, said: “I am delighted that Mike will be joining PIC at such an important moment in the evolution of the business. He is a highly regarded leader with deep industry experience.”

Eakins added: “I have long admired what the team at PIC have achieved, so I’m very excited to be joining them as CEO.

“PIC’s clear sense of purpose is fundamental to the success of the business and is something I want to build on, working with the current leadership team and Athora.”

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