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Partnership recruits defined benefit solutions director

Specialist insurer Partnership has hired Costas Yiasoumi as director of defined benefit solutions.

Yiasoumi, whose background is in corporate pensions de-risking, will lead development of the firm’s bulk annuity proposition.

He has previously held senior roles at Swiss Re, JP Morgan Chase and Mercer.

Partnership managing director of retirement Andrew Megson says: “Partnership was the first company to undertake a medically underwritten bulk de-risking deal and this appointment will help to keep the company at the forefront of industry developments.”

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