Anisha Gangwani Appointed CIO of Legal & General Retirement America

Anisha Gangwani

Pension risk transfer provider Legal & General Retirement America appointed Anisha Gangwani as its new CIO, effective immediately, a spokesperson for the firm tells CIO. Gangwani will be based in the firm’s Connecticut office as it continues a buildout of its pension de-risking services in the U.S.

Gangwani will succeed Alla Kleyner, who had served as CIO starting in November 2020 and will be ascending to the role of chief financial officer at the firm.

Prior to her appointment as CIO, Gangwani was the head of investment business at Legal & General between 2019 and 2024, based in London, and was previously an international investment strategy manager at the firm. Previously, she was the head of illiquid investments at Direct Line Group.

Legal & General Retirement America is a provider of pension risk transfer services in the U.S. and the U.K. The firm has closed $10 billion in written PRT premiums since 2015. The pension risk transfer market set a record year for transactions in 2023, a trend that could continue into the first quarter of 2024 as more corporations consider what to do with their pension funding surpluses.

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Gangwani holds a Bachelor of Arts in economics from the Shri Ram College of Commerce and a Master of Science in finance and economics from the London School of Economics and Political Science. Gangwani is also a CFA charterholder.