Transamerica's Investments and Retirement Division Announces New Senior Management Appointments
DENVER, April 30, 2015 /PRNewswire/ -- Transamerica's Investments and Retirement president and CEO Kent Callahan today announced new appointments to further strengthen the company's leadership position in the U.S. investment and retirement market. This division represents more than 25,000 plan sponsors and 5.4 million Americans with more than $295 billion in revenue-generating investments.*
Blake Bostwick, chief marketing officer, has been appointed as the division's chief operating officer, following the departure of Alice Hocking. In addition, Bill Noyes, senior vice president of client relationship development has been appointed to the newly created position of senior vice president of retirement plan operations as they relate to Transamerica's U.S. retirement business, and Kevin Edwards, currently vice president of client compliance and consulting services, will move into the role of national director of institutional markets client management.
Bostwick has held senior level positions across the organization including positions in sales, marketing, technology, analytics, and operations. He has been a key driver in Transamerica's continued growth and drive to provide the best customer experience.
"Blake brings to his new role 13 years of experience with Transamerica in operations, technology and marketing," said Mr. Callahan. "He has served as chief operations officer for our annuity and mutual funds business, and has demonstrated a deep understanding of all aspects of our business. Together with the enhanced roles of Bill and Kevin, we have every confidence that this team of industry professionals will enable us to expand further the breadth and depth of Transamerica's capabilities in serving our growing customer base to- and through- retirement."
Callahan added, "We are grateful to Alice Hocking for her many contributions to Transamerica throughout her long and distinguished career. She has helped to make this a great place for our customers and employees and we wish her the very best."
*As of December 31, 2014
About Transamerica
With a history that dates back over 100 years, the Transamerica companies are recognized as leading providers of life insurance, savings and retirement and investment solutions, serving millions of customers throughout the United States. Transamerica works to Transform Tomorrow® for those who entrust its dedicated professionals with their financial needs, helping them take the necessary steps to achieve their long-term goals and aspirations.
Transamerica's corporate headquarters is located in Baltimore, Maryland, with other major operations in Cedar Rapids, Iowa. Transamerica is part of the Aegon group of companies. Aegon is one of the world's largest providers of life insurance, pension solutions and asset management products, operating in over 25 markets worldwide with some 28,000 employees. For the full year of 2014, Aegon's affiliated companies managed $676 billion in revenue generating investments.
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SOURCE Transamerica
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