International Expands Retirement Business
International Group (AIG) has appointed Robert Scheinerman to the position of president, Group Retirement.
Solash has joined AIG as president, Individual Retirement.
Scheinerman will be responsible for expanding VALIC,
AIG’s Group Retirement business. VALIC focuses on the not-for-profit defined contribution (DC) retirement market, serving more than 23,000 employer plans
and 1.9 million clients.
“The goal of our Individual and Group Retirement
businesses is to serve our clients and distribution partners with diligence,
innovative solutions and care, helping millions of Americans to achieve
financial security in retirement,” says Jana
W. Greer, president and CEO, Individual and Group Retirement, AIG. “In
today’s economic market and regulatory environment, it is essential that our
industry-leading Retirement businesses benefit from experienced executives like
Rob and Todd, and exceptionally skilled senior management teams who are highly
focused on serving our customers and expanding our market leadership.”
Solash will be tasked with leading the growth and
management of the Individual Retirement business, including product
manufacturing, market strategy, and operations. He joins the firm from AXA
Equitable, where he held senior management positions including senior executive
director, and head of the Individual Annuity Business. Earlier in his career, Solash
was a partner at Oliver Wyman Financial Services, where he consulted with major
life insurers, property casualty insurers and banks on a variety of strategy,
product development and risk issues.
NEXT: OneAmerica Appoints President of
Individual Insurance and Retirement Services