Philip Salter is the new chairman of IFGL Pensions, the company's owner International Financial Group Limited (IFGL) said on 10 May.
Salter has over 30 years of regulatory and industry experience at the UK Financial Conduct Authority (FCA), including his final role there as director of retail lending and claims management supervision.
Most recently he was director of conduct and regulatory standards at Provident Financial Group (PFG).
IFGL said in a statement: "He is expert in managing risk, change and problem solving, and has a broad range of experience across regulation (prudential and conduct), technology, compliance, governance and risk management, which is supported by wide ranging knowledge of financial products and services".
He is married with three grown up children and two rescue dogs and enjoys walking, skiing and golf.
Salter said: "I am delighted to become Chairman of IFGL Pensions. We have ambitions to grow this business with a service-led and cost effective SIPP proposition that put customers at the heart of its business.'
His appointment follows the rebrand of IFGL Pensions, formerly Sovereign Pension Services (SPS). Rachel Meadows also recently took up the role of IFGL Pensions managing director.
