Praemium appoints Mark Sanderson as Director of Pensions
Following the successful acquisition of pension provider Wensley Mackay Limited, Praemium has appointed Mark Sanderson to head up its new strategic area of pensions services. Mark has over 10 years’ experience in developing UK and international pension businesses.
He has been working closely with Praemium CEO Michael Ohanessian and the UK Board to develop and deliver the Praemium strategy for its retirement business, and will oversee the development of Praemium’s UK and international pensions and retirement strategies. In addition to his pensions responsibilities, Mark will be responsible for the management of Praemium’s Dubai operation.
He will work closely with Rebecca Murphy, Director of Sales and Marketing, to develop Praemium’s offshore presence. Michael Ohanessian commented, “Mark brings a wealth of experience in managing pension businesses and developing innovative retirement solutions that support the growth of adviser businesses and deliver the right investment outcomes for investors. He joins us at an exciting time, and we are delighted that someone with his expertise will help us build this new strategic area of our business.”
Mark Sanderson commented, “I am excited to be joining a business that is already known for its market-leading technology and innovative approach to product development. I look forward to working with Praemium to leverage its considerable infrastructure in order to deliver a seamless proposition that incorporates proven administration and execution capability at a competitive price. “Praemium has a clear strategy to deliver these services to clients across a variety of different distribution channels and markets. The development of the proposition will be adviser led and we will work closely our strategic partners to deliver creative solutions that meet the needs of their clients.”