Michael De Souza was named pension scheme manager on the U.K. defined contribution multiemployer plan L&G Mastertrust, a spokesman confirmed Wednesday.
The position is new.
The new appointment reflects the growing scale of the L&G Mastertrust, the largest commercial master trust in the U.K., according to a statement from Legal & General Investment Management, which runs the master trust.
L&G Mastertrust has £16 billion ($21.5 billion) in assets.
Mr. De Souza was operations manager on the risk and compliance team for the £11 billion Willis Towers Watson's DC multiemployer plan LifeSight. He was not replaced, according to a spokesman.
