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Oftel&#39s compliance chief to join ABI

The ABI has appointed telecoms regulator Oftel director of compliance Chris Kenny as its new head of life and pensions.

He replaces Alan Woods who is returning to the Department for Work and Pensions after being seconded to the ABI.

Kenny has also worked at the Department of Health and the Treasury.

He will start his new role in January, taking responsibility for the ABI&#39s work on the savings gap, pension reform, health insurance and life industry regulation.

ABI director general Mary Francis says: “Policymakers are increasingly looking to the industry for new thinking and constructive ideas to help close the savings gap and ensure that pension provision is modern and efficient.

“Under Chris&#39s leadership, we will continue to develop and expand our ability to play this role.”

Kenny says: “The savings and life insurance industry faces many challenges. We need to work in partnership with the Government and others to boost savings, introduce the Sandler savings products on a fair and transparent basis and make the new regulatory regime work for customers and industry alike.

“This will help build public confidence and help provide everyone with the opportunity to gain financial security throughout their lives.”

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ABI appoints new head of life and pensions

The ABI has appointed a new head of life and pensions following Alan Woods&#39 return to the DWP after his period of secondment. Woods will be replaced by Chris Kenny who is currently the director of compliance at Oftel. Before this he worked for the Department of Health and HM Treasury. Kenny will start his […]

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