Prudential Retirement taps Jamie Kalamarides to lead Full Service Solutions
Prudential Retirement, a business of Prudential Financial, Inc. (NYSE:PRU), has named Jamie Kalamarides head of
its newly created Full Service Solutions business, which delivers retirement plan solutions for public, private and non-profit
organizations.
Kalamarides’ new role combines retirement plan recordkeeping and administration with full service investments. In addition,
Kalamarides will continue as CEO of Prudential Bank and Trust. This move comes as Jamie McInnes, current head of Prudential
Retirement’s defined contribution, defined benefit and nonqualified recordkeeping and administration business, has accepted a new
role with Prudential’s International Insurance Division.
Kalamarides has more than 20 years of experience managing retirement plan platforms and investment solutions. He has deep
knowledge of the full service business and is a highly respected advocate in Washington, D.C. for new approaches to solving
financial security challenges. He has been recognized as one of the “Most Influential People in Defined Contribution1”
and his expertise includes expanding access to retirement plans, savings adequacy, guaranteed income and pensions.
“Jamie McInnes has been a great contributor to Prudential Retirement’s success and he will bring a great deal of expertise and
talent to his new role in Prudential’s International Insurance Division,” said Christine Marcks, president of Prudential
Retirement. “I’m very pleased Jamie Kalamarides will step in and lead the Full Service Solutions team. I’m confident we will see
continued growth and momentum to help ensure financial security for all of our clients,” continued Marcks.
Phil Waldeck, currently head of Pensions and Structured Solutions, will take on an expanded role and become the head of the
Investment and Pension Solutions business, bringing the Pension Risk Transfer, Structured Settlements and Stable Value teams
together as one integrated business.
The appointments are effective Sept. 5.
About Prudential Retirement
Prudential Retirement delivers retirement plan solutions for public, private, and nonprofit organizations. Services include
defined contribution, defined benefit and non-qualified deferred compensation record keeping, administrative services, investment
management, comprehensive employee education and communications, and trustee services, as well as a variety of products and
strategies, including institutional investment and income products, pension risk transfer solutions and structured settlement
services. With more than 85 years of retirement experience, Prudential Retirement helps meet the needs of 4.1 million participants
and annuitants. Prudential Retirement has $371.8 billion in retirement account values as of March 31, 2016.
Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company (PRIAC), Hartford, Conn.,
or its affiliates.
Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company (PRIAC), Hartford,
Conn., or its affiliates. PRIAC is a Prudential Financial company.
Prudential Financial, Inc. (NYSE:PRU), a financial services leader with more than $1 trillion of assets under management as of
March 31, 2016, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees
are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and
services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S.,
Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more
information, please visit www.news.prudential.com.
1 Most Influential People in Defined Contribution – 401K Wire, 2012
0294497-00001-00
Media:
Josh Stoffregen, 973-802-3996
josh.stoffregen@prudential.com
Twitter:
@stoffregenPruPr
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