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Lockton Retirement Hires Chief Compliance Officer

(Kansas City, MO) – 1 August 2016 – Lockton, the world’s largest privately held independent insurance broker, hired new Chief Compliance Officer Karen Prange for its Retirement business.  Ms. Prange was formerly Divisional General Counsel at J.P. Morgan Retirement Plan Services and Empower Retirement.  At Lockton, she will oversee securities compliance as well as lead key strategic operational and risk management initiatives for the Retirement Practice.

Recognized as one of Kansas City Business Journal’s 25 Women Who Mean Business for 2014, Ms. Prange has more than two decades of retirement, investment and operational management expertise.

“Given our aggressive growth strategy,” said Pam Popp, President of the firm’s National Retirement Practice.  “It is essential to the well-being of our clients, our advisors and our firm that we have a risk management professional with Karen’s expertise on the team.”

Prange is another in a series of recent hires expanding the retirement presence at Lockton.  “Our clients are very focused on managing risk,” said Ms. Popp.  “Both their risk as fiduciaries and their employees’ financial wellness risks.  We take pride in hiring advisors and other experts who can help clients navigate a regulatory and economic landscape that continues to become more and more complex.”

Lockton’s retirement practice advises more than 1,000 plans, representing $40 billion in assets.


About Lockton

More than 6,000 professionals at Lockton provide 50,000+ clients around the world with risk management, insurance, employee benefits consulting, and retirement services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held, independent insurance broker in the world and 10th largest overall. For seven consecutive years, Business Insurance magazine has recognized Lockton as a "Best Place to Work in Insurance." To see the latest insights from Lockton's retirement experts, check our website.

Media Contact
Donn Hess
Lockton Companies
Kansas City, MO, USA
+1 816 751-2303  (office)

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