SOURCE: Transamerica Capital, Inc.
DENVER, CO--(Marketwired - March 17, 2014) - Transamerica announces the appointment of Thomas (Tom) Wald, CFA, as Chief Investment Officer of Transamerica's Individual Savings & Retirement division. As a member of the senior management team, Mr. Wald will have responsibility and oversight for Transamerica's investment and mutual fund product development functions while actively representing the company in investment thought leadership and products to advisors, clients, and the media. He will be based at Transamerica's Denver office.
This is a new position for Transamerica's Individual Savings & Retirement division and reinforces Transamerica's commitment to strengthening its leadership and reputation as a Barron's Top 40 Mutual Fund complex. Transamerica's Individual Savings & Retirement division has as its mission, "to help people save and retire." Its fund offerings provide investment solutions, asset management, fund administration, and shareholder services for institutional and retail clients.
Mr. Wald has more than 25 years of experience in the investment industry and joins Transamerica from Curian Capital LLC, the investment management subsidiary of Jackson National Life, where he has been working as a Client Portfolio Manager. His past positions include serving as a portfolio manager and analyst for a variety of mutual fund and investment companies. He completed his undergraduate studies at Tulane University and received his MBA from The Wharton School at the University of Pennsylvania.
Tom Swank, President & CEO of Transamerica Individual Savings & Retirement, states: "I am excited to announce the addition of Tom to our leadership team. I'm confident that his broad experience and expertise will further enhance our growth prospects in the promising savings and retirement market."
About Transamerica Asset Management
Transamerica Asset Management (TAM) is the asset management business unit of Transamerica. TAM consists of Transamerica Funds, Transamerica Partners Funds, Transamerica Series Trust, Transamerica Income Shares, Inc., and Transamerica Asset Management, Inc., a registered investment advisor. TAM managed more than $65.6 billion in assets as of 12/31/2013. TAM and its affiliate companies are wholly owned by Aegon N.V., an international life insurance, pension and asset management company.
About Transamerica Capital, Inc.
Transamerica Capital, Inc. is the underwriting and wholesaling broker-dealer for mutual funds advised by Transamerica Asset Management, Inc. Transamerica Capital, Inc., an Aegon company, works with financial professionals at wirehouse, regional, independent, and bank firms to provide a variety of investment solutions.
As an international life insurance, pensions and asset management company based in The Hague, Aegon has businesses in over 25 markets in the Americas, Europe and Asia. Aegon companies employ over 26,500 people and have millions of customers across the globe. Further information: aegon.com