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Deals & People March 17, 2014
Reddy to Head Full Service Investments at Prudential
Prudential Retirement named Srinivas Reddy to a newly created role overseeing investments for its full service business.
Reported by PLANADVISER staff
Reddy will be responsible for all aspects of the investment and retirement income businesses within Prudential Retirement, which consists of $170 billion in assets under administration and relationships with more than 60 affiliate and third-party asset managers for a variety of institutional separate accounts and funds offered through work-site based defined benefit and defined contribution retirement plans. Reddy will report directly to Jamie Kalamarides, head of institutional investment solutions for Prudential Retirement.
Reddy joined Prudential Retirement in 2010 to lead the retirement income business. Prior to joining Prudential, he had a number of leadership roles in investments and retirement services with USAA and ING. Prior to joining ING, Reddy served as a consultant with Ernst & Young and has also worked in a consulting capacity in Asia.