The Pension Protection Fund has said it is appointing Oliver Morley CBE as chief executive, taking over from Alan Rubenstein. Morley will officially start on March 19 2018.
Morley will join the PPF from the Driver & Vehicle Licensing Agency, where he has been chief executive since 2013.
Current chief executive Alan Rubenstein said in July that he was planning to leave the PPF in early 2018
The UK's lifeboat fund for schemes of insolvent companies manages £30bn in assets and has more than 250,000 members.