Kieran Mistry was named head of non-traditional risk transfer at U.K. consultancy firm Hymans Robertson, a spokeswoman said.
The role is new.
Mr. Mistry leads the firm's new defined benefit advisory unit, which will help trustees and plan sponsors considering risk transfer options such as outsourcing to consolidators or capital-backed solutions, rather than buy-ins or buyouts.
"Kieran brings extensive skills and experience, as well as a lot of enthusiasm, to the leadership of this area. By establishing a specific team to help our clients in the new and emerging risk transfer options we'll be able to help them fully benefit from the innovation in this part of the market," James Mullins, partner and head of risk transfer at Hymans Robertson, said in a news release Thursday.
Mr. Mistry was a senior risk transfer consultant at the firm. He will continue in that role alongside his new position.
