Just Group has appointed Pretty Sagoo as the managing director of its high growth Defined Benefit de-risking business, effective from 11 April 2022.
Sagoo joins from Author, an insurance and reinsurance group, where she was the head of new business and pensions, in charge of developing the company’s new business franchise. Previously, she was the head of pricing and execution at L&G and the head of insurance and pensions solutions at Deutsche Bank.
Just Group CEO David Richardson says: “I’m delighted Pretty will be joining the Group to lead our highly successful DB business and her appointment reflects our ambition to continue to expand our DB franchise. Pretty brings a wealth of very relevant skills and is a subject-matter expert in bulk annuities and the pensions risk transfer market. She has significant practical experience in driving change, innovation and creating sustainable growth. I am confident Pretty will make an immediate contribution to Just with her pro-active approach, well-rounded leadership skills and her desire to help us to fulfil our purpose to help people achieve a better later life.”
Sagoo says: “I’m very excited to be joining Just, especially at a time when it is focussed on profitable and sustainable growth. It’s a purpose-driven company, focusing on helping people to achieve a better later life. The defined benefit business achieved record results in 2021, delivering new business of £1.9bn, up 28 per cent and I’m looking forward to leading the team to help more customers and to deliver sustainable growth in this highly attractive market.”