The People’s Partnership has appointed life and pensions expert Jim Islam as its new chair of board.
Islam joined the Board in 2018 and will begin serving in his current role on January 1st, 2023. He succeeds Babloo Ramamurthy, who leaves the position after serving for almost ten years.
Islam, a qualified actuary, has held top financial and general management positions at a variety of organisations and has board-level leadership experience in the insurance, investment management, life, and pensions industries.
Islam says: “It’s a real honour to be appointed chair of board for an organisation with such a rich heritage, helping millions of people across the UK become financially stronger. I’m eager to continue building on the great success that Ramamurthy has had over the past decade, ensuring that, as we grow, we continue providing straightforward and accessible products and services that give people greater financial security.
“At a time when 20 per cent of UK adults – nearly 11m people – have low financial resilience, People’s Partnership has a very important role to play, and I’m excited to be a part of that.”
Ramamurthy says: “From introducing holiday stamps for construction workers, to providing a workplace pension for millions of people across the UK, People’s Partnership has had some huge successes over the past eighty years and I’m proud to be part of that history.
“There is a very exciting future ahead for the organisation, and I am delighted to hand over to Jim as the new chair of People’s Partnership, to continue to deliver our purpose to help people build better financial foundations for life.”
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