Chair, NEST Corporation
Otto has extensive experience in pensions, financial services and consumer issues across a range of private and public sector organisations.
Before starting his portfolio career he was Director General of the Association of British Insurers from 2011 to 2015. Previously he was chief executive of AEGON UK from 2005 to 2011. He was the independent reviewer of the Treasury Review of Generic Financial Advice – the Thoresen Review - published in 2008 which led to the creation of the Money Advice Service.
Otto became Chair of NEST Corporation on 1 February 2015. He is also Chairman of the Board of Aviva International Insurance, and the Board of Aberdeen Asset Management’s Life subsidiary. He is a trustee of St. Mungo’s, the homelessness charity and a governor of the Pensions Policy institute. In recent years he has served as a trustee of Young Enterprise (a charity supporting business and financial education in schools) and StepChange, the debt advice charity.