Smart Pension has appointed Claire Misata as business development director.
Misata will take the lead in developing relationships between trustees and Employee Benefit Consultants (EBCs) for Smart Pension.
Misata, who has over 25 years of financial services experience, comes to Smart Pension from Northern Trust, where she worked as a client executive overseeing a client portfolio for both DC and DB pension plans. She worked at BNP Paribas, J.P. Morgan, and Citi in strategic relationship management roles before this.
Misata will play an important part in utilising the investment options and technologies of Smart Pension to take advantage of new opportunities in the growing pension market.
Her appointment comes after Smart Pension recently announced that its assets under management (AUM) had surpassed £5 billion.
Misata says: “I’m really excited to be joining the team at Smart Pension and driving relationship development across the trustee and EBC communities. This move feels like a natural evolution of my career in the custody and asset servicing sector and a great opportunity to leverage my extensive experience and skills in financial services.
“I was drawn overwhelmingly to Smart Pension as it’s a really exciting time for the DC pension market, with lots of change on the horizon, and a fantastic opportunity to help with peoples’ financial wellbeing.
“I’ve been really impressed with the Smart Pension team and their talent, genuine enthusiasm for the proposition and desire to make a difference. It’s great to see this translate to phenomenal customer service and support for our members.”
Smart Pension director of workplace pensions Stuart Reid says: “I’m proud of the significant growth we have achieved at Smart Pension, hitting over £5bn in Assets Under Management. With further growth and opportunities ahead of us, we are delighted to welcome Claire to Smart Pension.
“Her wealth of experience working directly with trustees and the DB and DC markets will be particularly valuable to us. Claire’s appointment reinforces our commitment to this area of our business, and we will continue to expand the team with similar refreshing hires.”