- Olaf John joins the VEDRA Pensions team as Senior Advisor
- His experience as an actuary and his expertise in the field of asset management are an ideal complement to the buy-out platform of VEDRA.
Monheim am Rhein, June 27, 2024
VEDRA Pensions ("VEDRA"), the pioneer in Germany for the buy-out of defined benefit pension obligations, has expanded its team: Effective July 1, 2024, Olaf John will join VEDRA Pensions as a Senior Advisor. Mr. John will perform this advisory function in addition to his work at Legal & General Investment Management (LGIM).
For VEDRA, Olaf John's involvement is another step in broadening and diversifying the company. Mr. John has extensive experience in asset management and employee benefits, gained over more than 30 years in the industry. Most recently, Mr. John led the German operations of Mercer Global Investments Europe Ltd. until the end of December 2023. Mr. John is a member of various expert committees, including the Capital Investment & Regulation Committee of the Arbeitsgemeinschaft für betriebliche Altersversorgung e.V. (aba) and the Asset Management Committee of the Verband Deutscher Treasurer e.V. (VDT ).
"I have been working intensively on de-risking pension liabilities for more than 10 years. Since the rise in interest rates, the conditions have been more favorable from a historical point of view than they have been for a long time," says Olaf John. "The ultimate goal of the de-risking journey is the buy-out, the transfer of liabilities. In Germany, a pension buy-out can only be efficiently implemented within the framework of a pensioner company. That is why I am very pleased to be able to support VEDRA, which is the pioneer in this field."
"We are very pleased to have Olaf John on board as he is not only a recognized and highly respected industry expert in the marketplace, but also has a very strong network of contacts for our company," commented Pierre de Weck, Chairman of VEDRA's Advisory Board. "We are very excited to have him on our team and look forward to working with him in the years to come. His extensive experience, actuarial expertise and knowledge make him an ideal addition to our expert platform, and we are confident that he will contribute to achieving our strategic goal. "
About VEDRA Pensions
VEDRA Pensions is a German holding company specialising in innovative and pragmatic solutions related to pension liabilities ("pension buy-outs"). Founded in 2016, VEDRA has already pioneered the German market by helping companies to eliminate the four risks associated with their pension liabilities: Inflation, longevity, interest rate and market risks. This means transferring, legally and economically, the risks associated with pension-related liabilities.
The VEDRA model provides a reliable and legally secure solution by means of an adequate level of initial funding. For the pensioners concerned, this in turn means the advantage of full funding of the obligations. VEDRA currently serves several thousand beneficiaries.
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Nicole Ziegler
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