Security Benefit Corporation Names Senior Executives Wolff, Mullery to Lead Development, Distribution Functions
(firmenpresse) - TOPEKA, KS -- (Marketwire) -- 10/19/11 -- Security Benefit Corp., a Guggenheim Partners Company, today announced the promotion of two experienced executives to drive its product development and distribution functions. Doug Wolff will serve as President, Security Benefit Life and Jim Mullery will serve as President, Security Benefit Distributors, both units of the Security Benefit holding company.
"During their impressive careers, Doug and Jim both have earned strong reputations in their respective fields," said Mike Kiley, Security Benefit Chief Executive Officer. "Their leadership and expertise will add to our momentum, positioning us to maximize new business growth plans in the years to come. I'm looking forward to very positive results from Doug, Jim and their teams."
Wolff and his team will drive the development of retirement savings and income products as Security Benefit increases its focus on expanding its commitment to the retirement services marketplace.
"It is an exciting time to be at Security Benefit," said Wolff. "The opportunities ahead to introduce compelling and innovative products are vast and position us as a leader in the rapidly expanding retirement income and savings marketplace. Ultimately, we are about helping advisors and their clients to and through retirement."
Wolff joined Security Benefit in 2001 and has served in numerous leadership capacities, most recently as President of Security Benefit's Retail Retirement business.
Prior to coming to Security Benefit, Wolff held important leadership positions with the Allstate Life Insurance Company, where he served as relationship manager for outside mutual fund companies. He also worked for Ernst & Young as Senior Consulting Actuary and Consulting Actuary.
Mullery joined Security Benefit in 2010, most recently serving as President of the Personal Retirement Savings (PRS) unit. In his new role, Mullery will lead the company's efforts to expand distribution to a broad range of markets, including new segments and new channels, while enhancing the commitment to our core education market.
"Security Benefit is in an incredibly unique position to grow business in a variety of channels through our independent distribution structure, including broker/dealers, independent marketing organizations and other financial service providers," said Mullery. "Security Benefit has a long and storied history in the business, and coupled with the expertise and vision of Guggenheim Partners, I believe we have many innovative milestones ahead for investors seeking our comprehensive suite of retirement savings products."
Prior to joining Security Benefit, Mullery has had numerous leadership roles at AXA; Fred Alger and Company and UBS Paine Webber.
Founded in 1892, Security Benefit, a Guggenheim Partners Company, advances its goal of helping people to and through retirement by providing customized retirement accumulation and income products. By leveraging Guggenheim's proven general account management capabilities into highly competitive products, Security Benefit focuses on the retirement savings market providing a full range of services to independent distributors including broker/dealers, IMOs and other financial service providers. A comprehensive suite of retirement savings products including both accumulation and income annuities, retirement plans and mutual funds are offered to individual and institutional investors nationwide through a broad network of independent financial representatives. Security Benefit's award-winning se2 business processing division provides business technology and processing solutions for the financial services and retirement planning sector. To learn more about Security Benefit, visit and to learn more about se2, visit .
Guggenheim Partners, LLC is a privately held global financial services firm. The firm provides investment management, investment banking and capital markets services as well as insurance and investment advisory solutions for institutions, corporations, governments and agencies, investment advisors, family offices and individuals. Guggenheim Partners is headquartered in New York and Chicago and serves clients from more than 25 offices in nine countries. For more information, please visit .
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Datum: 19.10.2011 - 20:26 Uhr
Sprache: Deutsch
News-ID 78184
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