Redington has promoted Dan Mikulskis, previously at Deutsche Bank and Mercer, to the role of Managing Director. Mikulskis is based in London and takes responsibility for the firm’s Defined Benefit Pensions business.
Dan Mikulskis joined Redington in 2012, and has since worked within the firm’s Asset & Liability Modelling (ALM) team, as co-head, along with Steven Yang Yu. Prior to joining Redington, Mikulskis worked at Deutsche Bank in Cross Asset Trading. Mikulskis was responsible for managing quantitative trading strategies relating to FX and equity index options. Previously, Mikulskis worked at Global Trading Strategies Investment Management as a Quantitative Analyst, and, between 2008 and 2010, at Macquarie Group as well as at Quant. Mikulskis started his career at international HR consultancy Mercer as an associate in 2003.
Mikulskis holds a Master of Arts in Mathematics from the University of Cambridge. In 2007, he qualified as a Fellow of the Institute of Actuaries.
Redington recently promoted Mikulskis to Managing Director of its Defined Benefit ("DB") Pensions practice. The role sees Mikulskis responsible for overseeing and directing the firm’s investment advice to DB schemes. In addition, Mikulskis is tasked with expanding Redington’s market share in the DB space. Yang Yu takes the helm of ALM.
Commenting on the appointment, Redington CEO, Mitesh Sheth, remarks “Against a backdrop of pension fund shortfalls, our clients continue to perform well and manage long-term plans with discipline. Over the past decade, Redington has grown to a team of 83 individuals with investment consulting, actuarial, capital markets and asset management experience." The consultancy today provides advice to 60+ clients, including ten of the top 30 pension funds in the UK, and has over £350 billion in assets under consulting.
Commenting on his new role, Mikulskis, says “There are still many UK DB trustees who haven’t heard of us yet, or whose perception we need to update. Two of my key goals in the new role are: firstly, to be able to communicate clearly and widely to DB scheme trustees what Redington can offer today as an independent investment consultant, and what we believe differentiates ourselves from other consultants. Secondly, to continue the ongoing investment in tools and process that enables us to deliver our advice in the most helpful way for clients to make better investment decisions, and thereby pay members’ benefits with a greater degree of security.”