Venerable Holdings Names Head of Corporate Development

WEST CHESTER, Pa., June 26, 2018 /PRNewswire/ -- Venerable Holdings, Inc. ("Venerable") today announced the appointment of Miles Kaschalk as Head of Corporate Development. In this role, Kaschalk will report to David Marcinek, Chairman and Senior Managing Director, Venerable Holdings, Inc., and lead the review and execution of various strategic initiatives, with a primary focus on merger and acquisition opportunities. He will be based in New York, NY.   

Kaschalk has over 10 years of experience working in a range of roles within the life insurance industry. Most recently, he was Director and Actuary at Eldridge Industries, where he led the review of insurance related investment opportunities and provided support for strategic transactions to the senior management team of the primary insurance subsidiary of Eldridge, Security Benefit Life. Prior to joining Eldridge, he was Vice President within Goldman Sachs' Investment Banking division, an insurance credit analyst at Standard & Poor's, and in an actuarial role at New York Life Insurance Company. Kaschalk is a Fellow of the Society of Actuaries (FSA) and holds a B.S. in Actuarial Sciences and Economics from the University of Illinois Urbana-Champaign, where he graduated summa cum laude and with honors.

"Miles is an outstanding addition to the Venerable leadership team," said Marcinek. "His experience as an actuary and investment banker will be invaluable as we execute on our growth strategy and provide risk transfer solutions to the variable annuity industry."

About Venerable
Venerable is a privately held company with business operations based in West Chester, Pennsylvania and Des Moines, Iowa. Venerable owns and manages the legacy variable annuity business acquired from Voya Financial, Inc. Created by an investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners, and Reverence Capital Partners, Venerable is an emerging business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital. For more information, please visit www.venerableannuity.com.

Contact:
Allison Proud, 610-425-4269
Corporate Communications
[email protected]

SOURCE Venerable

Related Links

http://www.venerableannuity.com/