EFRP rebrands itself, confirms NAPF's Joanne Segars as new chairwoman
EUROPE – The European Federation for Retirement Provision (EFRP) has rebranded itself as PensionsEurope while appointing new members to its board.
Meeting in Dublin today for its general assembly meeting, the board of directors agreed to rename the organisation PensionsEurope, with the new name being officially launched at the European Pension Funds Congress in Frankfurt next week.
The new name comes into line with the brand chosen by the European insurance and reinsurance federation – previously known as the CEA – in March this year. At the time, the association rebranded itself as InsuranceEurope.
The organisation has also confirmed the appointment of Joanne Segars, current chief executive at the National Association of Pension Funds (NAPF) in the UK, as its new chairwoman, replacing Patrick Burke.
As previously reported by IPE, Segars took on her new responsibilities immediately after the vote took place this morning.
Segars will lead the federation for two years and remain chief executive at the NAPF.
Following her appointment, Segars said: "The next few years will be critical for the future direction of pensions in Europe and to the retirement prospects of Europe's citizens.
"Challenges will arise from proposals on pensions portability, the role of pension funds as long-term investors in a continuing tough economic environment and of course the review of the IORP Directive."
Burke, who has represented Ireland at the EFRP since 2007, will now leave the board.
Jerry Moriarty, chief executive and director of policy at the Irish Association of Pension Funds, will join the board of directors as a new member representing Ireland.
Finally, the board also elected Pierre Bollon, chief executive at the Association Française de la Gestion financière, and Benne Van Popta, chief executive of the Dutch Pension Federation, as vice-chairs.