Joanne Segars is leaving the Pensions and Lifetime Savings Association (PLSA) after 12 years.
Segars will depart the trade organisation at the end of June to pursue a portfolio career, the organisation announced today.
Julian Mund, who has been acting CEO since the beginning of the year, will continue to lead the association until a permanent replacement is found by the board.
During the last 10 years as chief executive of the PLSA, Segars (pictured) oversaw the creation of the Pension Quality Mark, the establishment of the Pensions Infrastructure Platform and increased the association’s income by 40%.
In 2015, she also guided the organisation through a re-brand from the National Association of Pension Funds to the Pensions and Lifetime Savings Association; a change in name and focus to better reflect the changing retirement savings landscape.
PLSA chairman Lesley Williams said: “Joanne has been an outstanding chief executive of the PLSA and has made a huge difference, as she campaigned for a secure future for pensions and pensioners in the UK and the EU. We wish her well in this new and exciting phase of her career.”
Segars added: “I have enjoyed my time at the PLSA enormously, but after 12 years it is time to move on. I’ve been privileged to lead fantastic colleagues and members who work tirelessly to provide millions of people with better retirement incomes.
“Working with the PLSA’s members I have given the association a new and wider focus, reflecting the realities of retirement saving today, culminating in the rebranding of the NAPF as the PLSA in 2015.”
The PLSA currently has a membership of more than 1,300 pension schemes, 20 million savers, £1trn in assets and 400 businesses providing services to the industry.
