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PensionBee appoints Lisa Picardo as Chief Business Officer UK

Press
20
Sep 2024
Press

PensionBee is pleased to announce the appointment of Lisa Picardo as Chief Business Officer UK.

In the newly created role, Lisa will facilitate the ongoing execution of the company’s strategy and corporate development in the United Kingdom. Lisa is a member of the Department for Work and Pensions’ Small Pots Delivery Group and represents PensionBee at the Association of British Insurers. Lisa will continue to report to Romi Savova, PensionBee Group plc’s Chief Executive Officer.

Lisa joined PensionBee in 2020 and has taken broad responsibility for its corporate development, leading the company’s 2021 Initial Public Offering transaction on the High Growth List Segment of the London Stock Exchange, its subsequent transfer to the Premium Segment and initiatives to grow the business profitably. Lisa previously held senior roles at Morgan Stanley, with 13 years spent in the European Mergers and Acquisitions department and the Global Private Equity Fund. She then founded and ran LITTLECIRCLE, an online fashion retailer. Lisa is a founding member of the Breast Cancer Now Development Board.

PensionBee recently announced the achievement of ongoing Adjusted EBITDA profitability in its United Kingdom business and its expansion to the United States, with Romi Savova, Group Chief Executive Officer, now dividing her time between both continents in line with the Company’s ambition to create two geographic operations of equal importance.

Romi Savova, PensionBee Group CEO, said: “With her wealth of experience at PensionBee and in previous roles, I am delighted to see Lisa taking on deeper responsibilities in our UK business.

“We continue on our mission to build pension confidence so that millions of UK savers can enjoy a happy retirement. Lisa will play a key role in our next stage of profitable growth and corporate development in our home market.”

Lisa Picardo, PensionBee Chief Business Officer UK, added: “Having recently achieved ongoing Adjusted EBITDA profitability, it’s an exciting time for PensionBee to continue growing its market share and presence in the UK. I’m delighted to continue embedding and executing our well-established strategy and to be working alongside our teams to deliver our priorities.”

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