Voya Financial Hires Jeff Cimini to Lead Retirement Product Organization
Jun 21, 2017
WINDSOR, Conn., June 21, 2017 /PRNewswire/ -- Voya Financial, Inc. (NYSE: VOYA), announced today that it has hired Jeff Cimini to lead the company's Retirement Product organization.
Cimini will oversee the team responsible for all aspects of the centralized retirement product functions, including product management, development, strategy, pricing, competitive intelligence, Voya Institutional Trust Company, as well as the advisory services programs that Voya offers to plan sponsors and their participants. Cimini and the team will expand Voya's efforts to deliver value-focused solutions that drive positive retirement outcomes.
Cimini will be based in Voya's Windsor, Connecticut office. He will be a member of the Retirement leadership team and report to CEO of Retirement Charlie Nelson, effective July 3.
"As we look to advance outcomes for plan sponsors and participants, we must continue to develop innovative solutions that deliver value and address a broad range of financial wellness needs," said Nelson. "Jeff has extensive knowledge and experience across many areas of the 401(k) market, including investments, product development, sales and strategy. He brings an accomplished, client-focused perspective to Voya with a successful track record managing high-performing teams. I look forward to working with Jeff as we continue to help all Americans become financially and emotionally ready to retire."
Most recently, Cimini was head of strategy for TIAA's Institutional Financial Services division, and also served as head of sales and client services for TIAA's select institutional clients. Previously, he was head of Personal Retirement for Bank of America Merrill Lynch. His background includes more than 20 years with Fidelity Investments, where he held roles of increasing responsibility and leadership across the defined contribution marketplace. Jeff's experience includes stable value portfolio management, fund analysis, investment consulting and sales, consultant relations, defined contribution investment only (DCIO) sales and investment consulting services. In addition to retirement, Cimini managed sales and distribution for the Fidelity Investments Life Insurance Company division and served as president of its three life insurance entities.
"Voya is on a transformational journey in an industry that serves an important cause and is positioned for significant growth," said Cimini. "I'm excited to be joining a team that is focused on helping Americans retire better and that demonstrates this commitment with a passion equal to mine."
Cimini holds a bachelor's degree in finance from the University of Massachusetts at Amherst and a Masters in finance from Boston College.
Voya, a leading provider of retirement products and services in the U.S., serves approximately 47,000 plan sponsor clients and more than 4.5 million individual retirement plan investors.1 Voya also operates a leading broker-dealer that serves a growing retail market.
1. Pensions & Investments Defined Contribution Record Keepers Directory published April 3, 2017.
Media Contact:
Joe Loparco
Voya Financial
Office: (860) 580-2677
Cell: (860) 462-6525
Joseph.Loparco@voya.com
About Voya Financial®
Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 13.6 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $11 billion in revenue in 2016. The company had $505 billion in total assets under management and administration as of March 31, 2017. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya's vision is to be America's Retirement Company®. Certified as a "Great Place to Work" by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible and has been recognized as one of the 2017 World's Most Ethical Companies® by the Ethisphere Institute, as well as one of the Top Green Companies in the U.S., by Newsweek magazine. For more information, visit voya.com. Follow Voya Financial on Facebook and Twitter @Voya.
SOURCE Voya Financial, Inc.