Standard Life has appointed Nuwan Goonetilleke to be its interim chief investment officer, and the CEO of its retirement solutions and asset management division.
This follows the announcement that the current incumbent Mike Eakins will become the CEO of PIC (Pension Insurance Corporation) which specialises in buy-outs and buy-ins for DB schemes.
There will be a short handover period before Eakins leaves Standard Life.
Goonetilleke is currently head of capital markets, and has been with the Standard Life Group since 2020, prior to which he worked for Swiss Re.
Standard Life says it is also starting the process to appoint a permanent CIO and RS&AM CEO, which will include both internal and external candidates.
Standard Life says that with Eakins, Goonetilleke has been instrumental in growing its retirement solutions business and its asset management division, leading on several strategic projects including the in-housing of the group’s annuity backing assets.
Standard Life CEO Andy Briggs says: “I would like to thank [Eakins] for the important contribution that he has made to grow our retirement solutions and asset management divisions over the last six years.
“Alongside Goonetilleke as interim CIO and RS&AM CEO, the depth and breadth of our senior leadership across these divisions will ensure that we continue our strong momentum towards becoming the UK’s leading retirement savings and income business.”