The Pension Protection Fund (PPF) has appointed Jeremy Lee as chief risk officer. He joined the organisation earlier this month.
He has taken over risk functions from Dana Grey, the PPF’s chief governance, risk and legal officer.
Lee joins the PPF from HSBC where he worked for more than 11 years, latterly as global head of pension and insurance traded risk, based in Hong Kong. He was primarily responsible for overseeing the financial services giant’s global insurance business and its employee pension plans.
He also worked for more than a decade for the Institute and Faculty of Actuaries, and previously worked for Santander, Redington, Swiss Re, PwC and Mercer.
Grey said Lee’s appointment came “at a time when robust risk management is more critical than ever”. “His expertise will be central to strengthening our risk frameworks, enhancing our data capabilities, and ensuring we continue to protect our members’ futures while adapting to a changing pensions landscape,” she added.
Jeremy Lee added: “I am honoured to be joining the PPF. At a time of real opportunity in UK pensions, I’m excited to be coming home to join the conversation and to help shape the PPF’s continued sustainability and flexibility for the future.”
