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People’s Partnership appoints new chief risk officer

by Emma Simon
July 1, 2025
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People’s Partnership has appointed José Morago to be its new chief risk officer. 

Morago joins from Allianz UK, where he led the risk function within the personal lines and speciality businesses. He has also held senior positions in this risk sector for the Financial Conduct Authority (FCA), Aviva Group and Ageas UK, having worked in both Europe and the US during his career. 

In his new role, Morago will oversee the organisation’s risk and compliance functions, playing a pivotal role in guiding the business through a dynamic and evolving pension landscape. Currently People’s Partnership, which runs People’s Pension master trust manages ore than £30bn in assets, and serves 7m pension savers. 

Morago says: “I’m excited to continue the development of People’s Partnership’s risk framework and practices as a key enabler of sustainable growth for the business, positive customer outcomes, and stakeholder trust.”

People’s Partnership’s chief executive officer Patrick Heath-Lay adds: “Morago is joining us during a period of rapid growth for our organisation, as well as significant change for the workplace pension sector and I look forward to working with him as we navigate the regulatory changes.”

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