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Romina Savova
Founder & CEO at PensionBee
Romina Savova, also known as Romi Savova, is the Founder and CEO of PensionBee, a leading online pension provider in the UK. Here are some key points about her background and achievements:
Education and Early Career
- Romina Savova holds a BA in Economics and International Studies from Emory University (2004-2008) and an MBA from Harvard Business School (2010-2012).24
- Before founding PensionBee, she worked at several prominent financial institutions, including Goldman Sachs and Morgan Stanley, where she held various roles such as Analyst and Associate in the Financial Institutions Group.2
Founding of PensionBee
- The idea for PensionBee was born out of Romina's personal frustration when she tried to move her old workplace pension and encountered complex and archaic systems. She co-founded the company with Jonathan Lister Parsons in 2015.136
- PensionBee aims to provide a consumer-first online pension service, enabling users to easily combine their pensions in one place and manage them transparently.
Achievements and Growth
- PensionBee has achieved significant growth since its inception. The company won the Harvard Business School New Venture Competition and the Financial Times Future of Fintech Award in its first year. By the end of 2017, it had £108m in Assets Under Administration (AUA) and by 2021, this figure had risen to £2.6bn.13
- The company has introduced several innovative services, including a drawdown service, socially responsible investment plans, and integration with Open Banking. It has also expanded its product offerings and received numerous industry awards.3
Leadership and Advocacy
- Romina emphasizes the importance of listening to stakeholders, including customers and employees, and values constructive criticism. She advocates for gender equality and diversity in the corporate world, supporting public targets for gender pay gaps and female representation on boards and management teams.14
- She is also committed to helping other startup founders through her involvement in initiatives like The Pitch 2022, where she shares her experiences and provides advice.1
Current Developments
- Recently, PensionBee has announced several key developments, including a proposed US expansion, the appointment of new executives, and achieving pivotal profitability milestones.5
Romina Savova's leadership and vision have been instrumental in transforming the pension industry, making it more accessible and user-friendly for consumers.
Highlights
Oct 24 · raconteur.net
CEO on the spot: 10 questions with PensionBee's Romi Savova