Tom Dempsey named president of World Financial Group

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Dec 19, 2018, 15:22 ET

BALTIMORE, Dec. 19, 2018 /PRNewswire/ -- World Financial Group announced today that Tom Dempsey has been appointed as president of World Financial Group. Dempsey is a proven distribution leader, most recently serving as managing director for wholesale distribution within Transamerica's individual and workplace markets. With nearly two decades experience in global financial services, Dempsey began his career in retail sales and joined Transamerica in 2008.

Tom Dempsey, President of World Financial Group

World Financial Group, with operations in the United States and Canada, has over 54,000 agents offering insurance, annuities, mutual funds, retirement plans and managed accounts to individuals, with a focus on the middle and emerging affluent markets.

Dempsey will report to Dave Paulsen, Chief Executive Officer for World Financial Group. "World Financial Group is exceptionally well-positioned to help middle-class families reach the financial security they need," said Paulsen. "Tom is a trailblazer who will lead World Financial Group into the future, while maintaining the characteristics that make this organization strong. I am confident that Tom and his team will deliver important solutions that help families save, protect, invest and retire."

"I am privileged to be leading World Financial Group," said Dempsey. "For many years, I have seen these financial professionals grow through their unmatched enthusiasm to succeed. I look forward to working closely with these agents, helping them grow their businesses and deliver premier financial solutions to their communities."

About World Financial Group
World Financial Group, Inc. (www.worldfinancialgroup.com) is a Transamerica company. World Financial Group consists of:

(U.S.) World Financial Group, Inc. (WFG) is a financial services marketing company whose affiliates offer a broad array of financial products and services. Insurance products offered through World Financial Group Insurance Agency, Inc., World Financial Group Insurance Agency of Hawaii, Inc., World Financial Group Insurance Agency of Massachusetts, Inc., World Financial Insurance Agency, Inc. and/or WFG Insurance Agency of Puerto Rico, Inc. (collectively WFGIA). WFG and WFGIA are affiliated companies.

(Canada) World Financial Group Canada Inc. is a financial services marketing company whose affiliates offer a broad array of financial products and services. World Financial Group Insurance Agency of Canada Inc. (WFGIA) offers life insurance and segregated funds. WFG Securities Inc. (WFGS) offers mutual funds. World Financial Group Canada, Inc., WFGIA and WFGS are affiliated companies.

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SOURCE World Financial Group