Deals & People April 3, 2007
JennisonDryden Selects New Leader for DC Mutual Fund Expansion
Prudential Financial, Inc.’s mutual fund family JennisonDryden has named Michael Rosenberg, formerly of Goldman Sachs, as its senior vice president to lead Prudential’s mutual fund expansion in the defined contribution market.
Reported by Adrien Martin
According to a press release, Rosenberg will lead a team that includes Regional Vice President Anthony Fiore.
Rosenberg was most recently head of Retirement Services at Goldman Sachs. Prior to joining Goldman Sachs in 1998, he was a director of Investment Management Consulting for Capital Resource Advisors (now CRA Rogers Casey). He also spent 11 years at ABN AMRO developing and marketing retirement plan services.
“Michael brings tremendous talent and leadership in the investment-only defined contribution market,” said John Drahzal, JennisonDryden’s director of distribution, in the press release. “With employees focused on retirement savings now more than ever–and with help from recent tax laws favoring defined contribution plans–we believe this market offers a tremendous breadth of opportunities for our products.”
Rosenberg has an MBA in finance from Keller Graduate School of Management.
More information is available at www.jennisondryden.com.
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