Retirement Industry People Moves – 8/30/24

Corebridge Appoints Moore as Retirement Services EVP, Elects Bousa to Board of Directors

Edward Bousa

Aaron Moore

Corebridge Financial Inc. announced that Aaron Moore has joined the company as retirement services executive vice president for strategic relationships. He will oversee the plan sponsor and consultant engagement strategy for the Corebridge retirement services business.

Moore has more than 26 years of experience in the financial services industry. He joins Corebridge from Lincoln Financial Group, most recently serving as senior vice president for institutional sales and client engagement. He began his career as a financial adviser. 

“We’re excited to welcome Aaron to Corebridge Financial,” Terri Fiedler, president of retirement services at Corebridge, said in a statement. “His vast industry experience and knowledge will help us build even deeper relationships with plan sponsors and consultants in our target markets, to help educators, healthcare workers, government officials and non-profit professionals take action in their financial lives.”

Corebridge Financial also announced that its board of directors has elected Edward Bousa as an independent director, effective immediately. Bousa is a veteran portfolio manager with more than four decades of experience in the mutual fund industry.

When he retired from Wellington Management Co. LLC in 2020 after a 20-year career, Bousa was a member of the executive committee, a partner and the leader of quality value equity investment strategies.

“Edward Bousa’s decades of impressive investment success, skilled leadership and deep expertise advising companies on growth, innovation and optimal performance will be an asset to Corebridge,” Peter Zaffino, chairman of the board of directors of Corebridge Financial, said in a statement.

Maryland State Retirement Agency Names Kim Deputy CIO

Thomas Kim

Maryland State Retirement and Pension System Executive Director Martin Noven announced this week that Thomas Kim has been selected to serve the Maryland State Retirement Agency as joint deputy CIO for the Maryland State Retirement and Pension System.

Kim will report to the agency’s CIO, Andrew Palmer, and work alongside Deputy CIO Robert Burd, providing strategic direction and counsel across the entire investment portfolio. Kim’s first day was August 28.

“We are looking forward to working closely with Tom,” Palmer said in a statement. “With nearly three decades of combined investment experience in public and private sectors, I am confident that his expertise will continue to strengthen and secure the financial future of Marylanders.”

Prior to joining Maryland’s SRPS, Kim served as deputy CIO for the Tennessee Consolidated Retirement System, where he helped oversee the management of $106 billion across various asset classes for the State of Tennessee Treasury.

Lincoln Financial Appoints West as Vice President, Head of RPS Institutional Sales

Jayson West

Lincoln Financial appointed Jayson West to lead the retirement plan services sales organization as vice president and head of RPS institutional sales, effective August 19.

“Jayson is a proven sales leader and has been a valued Lincoln Financial employee for more than 27 years,” a spokesperson for Lincoln Financial said in a statement. “This appointment further positions Lincoln’s RPS business for success and will allow us to continue to hit our targets, driving our business forward in several areas like innovation, service delivery and client satisfaction.”