UK - The £305m (€446.3m) Pension Protection Fund (PPF) has confirmed Martin Clarke in his position as director of financial risk.

Clarke joined the PPF last year from retail financial service provider Co-operative Insurance Society to fill the position on an interim basis. It had been created in June following Partha Dasgupta's promotion from investment director to chief executive.

Along with a director of financial risk the PPF also created the role of a chief operating officer in which also the interim incumbent, Peter Walker, was confirmed in March.

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