Transamerica elected CEO of the Retirement Services leading
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Copyright: Business Wire
Source: Business Wire
Wordcount: 553
Personal Finance Writers / Business Editors
LOS ANGELES - (BUSINESS WIRE) - March 30 2009 - Transamerica Retirement, a marketing unit of Transamerica Financial Life Insurance Company, announced the promotion of the CEO and President Kent Callahan to head the group of solutions of the employer and pensions for the AEGON companies. In his expanded role, Mr. Callahan will oversee the operations of Diversified Investment Advisors, Inc. Transamerica retirement Worksite Marketing and Clark Consulting, Inc. Mr. Callahan also retains his current role as president and CEO of Transamerica Retirement. This new group has over 3000 employees AEGON companies.
The employer and Pensions Solutions Group creates a new structure that will enable companies AEGON business customers to understand the broadest portfolio of products and services offered by these four business units. It will also provide opportunities for synergy AEGON companies' customers more efficiently and open up the possibilities of distribution.
Mr. Callahan, 48, played a role in the development of the AEGON companies pension company by its management of the Retirement Services Transamerica. Since taking on the role of CEO in 2003, Transamerica Retirement business grew by an average of 10.4 percent 1 over the five years. Mr. Callahan joined Transamerica retirement in 1986 and has served in several roles before being promoted to president and CEO. Mr. Callahan will continue to be based in Atlanta and will report to Mark Mullin, president of AEGON Americas.
About Transamerica Retirement Services
Transamerica Retirement ( "Transamerica"), a marketing unit of Transamerica Financial Life Insurance Company, 4 Manhattanville Road, Purchase, New York 10577, and one of its affiliates, designs customized retirement solutions to meet the needs Unique small to mid - size companies. Transamerica Retirement ranked as the best provider of plan 2, in a recent PLANSPONSOR ® Magazine Defined Contribution Survey and has more than 1 in 15,000 pension plans totaling over $ 13.2 1 billion in assets. For more information about Transamerica, please refer to www.ta-Retirement.com.
About AEGON NV
AEGON is one of the world's leading pension and life insurance groups and a provider of investment products. AEGON empowers local business to identify and provide products and services that meet the changing needs of customers, using distribution channels best suited to local markets. AEGON takes pride in balancing a local approach to the power of an expanding global operation. With headquarters in The Hague, the Netherlands, AEGON companies employ more than 33,000 people worldwide. AEGON companies serve millions of customers in over twenty markets in the Americas, Europe and Asia, with major operations in the United States, the Netherlands and the United Kingdom.
Respect, quality, transparency and trust constitute AEGON's fundamental values that the company continually strives to meet the expectations of customers, shareholders, employees and business partners. AEGON is driven to deliver new thinking with the ambition to be the best in the industry.
1AS December 31, 2008.
2The November 2008 Magazine ® Defined Contribution PLANSPONSOR results of the investigation of Transamerica Retirement Services ranks of the 52 suppliers for pension plans with a maximum of $ 50 million in assets based on the total number of cups won. See the November 2008 issue of PLANSPONSOR ® Magazine for complete results.
TRS 5477-0309
Photos / Multimedia Gallery available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5927932&lang=en
This is an information service of Thomson Business Intelligence Service © 2006. This content is only for your personal use, subject to the terms and conditions. No redistribution allowed.
Source: Business Wire
Wordcount: 553
Personal Finance Writers / Business Editors
LOS ANGELES - (BUSINESS WIRE) - March 30 2009 - Transamerica Retirement, a marketing unit of Transamerica Financial Life Insurance Company, announced the promotion of the CEO and President Kent Callahan to head the group of solutions of the employer and pensions for the AEGON companies. In his expanded role, Mr. Callahan will oversee the operations of Diversified Investment Advisors, Inc. Transamerica retirement Worksite Marketing and Clark Consulting, Inc. Mr. Callahan also retains his current role as president and CEO of Transamerica Retirement. This new group has over 3000 employees AEGON companies.
The employer and Pensions Solutions Group creates a new structure that will enable companies AEGON business customers to understand the broadest portfolio of products and services offered by these four business units. It will also provide opportunities for synergy AEGON companies' customers more efficiently and open up the possibilities of distribution.
Mr. Callahan, 48, played a role in the development of the AEGON companies pension company by its management of the Retirement Services Transamerica. Since taking on the role of CEO in 2003, Transamerica Retirement business grew by an average of 10.4 percent 1 over the five years. Mr. Callahan joined Transamerica retirement in 1986 and has served in several roles before being promoted to president and CEO. Mr. Callahan will continue to be based in Atlanta and will report to Mark Mullin, president of AEGON Americas.
About Transamerica Retirement Services
Transamerica Retirement ( "Transamerica"), a marketing unit of Transamerica Financial Life Insurance Company, 4 Manhattanville Road, Purchase, New York 10577, and one of its affiliates, designs customized retirement solutions to meet the needs Unique small to mid - size companies. Transamerica Retirement ranked as the best provider of plan 2, in a recent PLANSPONSOR ® Magazine Defined Contribution Survey and has more than 1 in 15,000 pension plans totaling over $ 13.2 1 billion in assets. For more information about Transamerica, please refer to www.ta-Retirement.com.
About AEGON NV
AEGON is one of the world's leading pension and life insurance groups and a provider of investment products. AEGON empowers local business to identify and provide products and services that meet the changing needs of customers, using distribution channels best suited to local markets. AEGON takes pride in balancing a local approach to the power of an expanding global operation. With headquarters in The Hague, the Netherlands, AEGON companies employ more than 33,000 people worldwide. AEGON companies serve millions of customers in over twenty markets in the Americas, Europe and Asia, with major operations in the United States, the Netherlands and the United Kingdom.
Respect, quality, transparency and trust constitute AEGON's fundamental values that the company continually strives to meet the expectations of customers, shareholders, employees and business partners. AEGON is driven to deliver new thinking with the ambition to be the best in the industry.
1AS December 31, 2008.
2The November 2008 Magazine ® Defined Contribution PLANSPONSOR results of the investigation of Transamerica Retirement Services ranks of the 52 suppliers for pension plans with a maximum of $ 50 million in assets based on the total number of cups won. See the November 2008 issue of PLANSPONSOR ® Magazine for complete results.
TRS 5477-0309
Photos / Multimedia Gallery available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5927932&lang=en
This is an information service of Thomson Business Intelligence Service © 2006. This content is only for your personal use, subject to the terms and conditions. No redistribution allowed.
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