Pacific Life Re has announced that Darren Spriggs will step down as managing director of its Europe operation and be replaced by Vincent Lepez, effective August 2020.
Spriggs has been with the business for nearly four years and has assisted in driving the Pacific Life Re Europe forward in the protection and longevity markets.
Lepez joins from SCOR where he has held multiple roles within the last seven years including global chief pricing actuary and most recently head of Asia, continental Europe and Latin America markets.
Spriggs commented: “Pacific Life Re has been a great opportunity and I’ve thoroughly enjoyed my time here working with the very talented Europe team. We’ve achieved a lot together over the past four years and I believe they are well set for further future growth. Nonetheless, the time has come for me to step down as Managing Director and I’m looking forward to my next challenge.”
Dave Howell, Pacific Life Re, CEO, commented: “I’d like to thank Darren for his hard work and dedication to Pacific Life Re and I look forward to working with Vincent, building on the strong foundations that Darren has put in place for the Europe business unit. Vincent brings with him a wealth of knowledge and experience and I’m pleased to be welcoming him to Pacific Life Re.”
Lepez commented: “Having worked in the life insurance industry for the last 10 years, I have seen Pacific Life Re grow over time into the successful global business that it is today. I am very excited to be joining the talented Pacific Life Re team.”