Deutsche Bank adds two to pensions group

Deutsche Bank has added two actuaries to its European insurance and pensions group in London. Paul Stanworth has moved from Royal Bank of Scotland, where he was head of insurance asset and liability management; while Norman Peard is moving from the Financial Services Authority, where he worked on risk and mitigation policy.

Stanworth joins as a managing director at the bank in origination, and will concentrate on managing portfolio risk to increase yield from customers. Peard joins as director and will advise on regulatory issues, specifically where innovative solutions are being used by the bank.

Both Stanworth and Peard will be managed by Nicola Harrison, global head of the alternative risk markets group at Deutsche Bank.