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View More Press Releases by Transamerica

Press Release

Transamerica Appoints Thomas Kelly as Director of Mega-Market Retirement Plan Sales

Issued by Transamerica

Nov. 16, 2017

BALTIMORE, November 16, 2017 -- Transamerica today announced plans to expand its focus on mega-market retirement plans with more than $1 billion in plan assets. To support this effort, Transamerica promoted industry veteran Thomas Kelly to the new position of director of mega-market retirement plan sales. Kelly will report to Chad Brown, vice president and managing director of large and mega market retirement sales.

In his new role, Kelly will work with Transamerica’s distribution team to apply best practices when helping prospective plan sponsor clients evaluate Transamerica’s retirement plan solutions. He will also work directly with prospective clients to help tailor a retirement plan platform that best fits their retirement program’s needs and goals.

“Transamerica has a long history serving retirement plan sponsors of all sizes, including the mega-market. We remain dedicated to all markets, and are expanding our focus on mega-market plans. Our talented team offers the expertise that this market demands, along with the ability to customize solutions that fit diverse plans and employee bases,” said Joe Boan, senior vice president at Transamerica. “Our flexible solutions can help these plan sponsors meet objectives for both the employer and the employees.”

Transamerica specializes in employer-sponsored benefits, and recently created Workplace Solutions, a comprehensive service model that integrates worksite voluntary benefits and retirement plans in an effort to better meet the needs of employers and their employees.

“Transamerica has a service model that works well with the customized details that mega-market plans require,” said Chad Brown. “Tom Kelly has specialized in retirement plans for over two decades, and understands the high level of service these sponsors demand. Tom’s unique expertise will be a tremendous benefit to the clients we serve.”

To learn more about Transamerica’s solutions, plan consultants and financial advisors can visit www.transamerica.com.

About Transamerica
With a history that dates back more than 100 years, Transamerica is recognized as a leading provider of life insurance, retirement and investment solutions, serving millions of customers throughout the United States. Recognizing the necessity of health and wellness during peak working life, Transamerica’s dedicated professionals work to help people take the steps necessary to live better today so they can worry less about tomorrow. Transamerica serves nearly every customer segment, providing a broad range of quality life insurance and investment products, individual and group pension plans, as well as asset management services. In 2016, Transamerica fulfilled its promises to customers, paying more than $7.2 billion in insurance and annuity benefits, including return of annuity premiums paid by the customer. 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. Based in the Netherlands, Aegon is one of the world’s largest providers of life insurance, pension solutions and asset management products, operating in more than 20 markets worldwide. For the full year of 2016, Aegon managed $784 billion in revenue generating investments. For more information, please visit www.transamerica.com.

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