Joanne Segars, chief executive of the National Association of Pension Funds (NAPF), has been elected as chair of the European Federation for Retirement Provision (EFRP).
Segars was elected to the position by members of the EFRP at its general assembly meeting in Dublin, remaining chief executive of the NAPF. She succeeds Patrick Burke, director of Irish Life Investment Managers, and will take on her responsibilities immediately.
Segars will lead the federation for two years: “at a time when the European Union is playing an increasingly active role in the field of pensions,” according to a release.
In the meeting, members also agreed to rename the organisation PensionsEurope.
“I am delighted and honoured to have been elected as chair of the EFRP, and to be the first woman to hold the position,” said Segars.
“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.”
