Foster will report to David Etherington, chief growth officer UK Life, who reports to Hanno Mijer, head of corporate life and pensions.
Foster joined Zurich in 1991 with a degree in mathematics from Cambridge University. He qualified as a Fellow of the Institute of Actuaries in 1994, and has held a wide variety of roles with Zurich including senior positions in actuarial, finance and marketing operations.
In 2004 he was appointed to the UK Life Executive as proposition management and development director, responsible for product development, new business profitability and marketing for Zurich’s pensions, protection and investment product range.
Etherington says: “I am delighted that Simon is to lead the Zurich Corporate Pensions business. He has the right combination of skills and experience to help us achieve our ambitious growth plans in this vital strategic market for Zurich.”