Hammond will report to Joe Ready, director of Wells Fargo Institutional Retirement and Trust.
“Over the years, clients have benefited from the expertise and knowledge that Betsy Hammond and her team delivers consistently day in and day out,” says Ready. “She is well-regarded both within the organization and the industry overall. In her new role as head of benefits consulting, she will continue her rich tradition of excellence and track record of outstanding performance as she leads this team.”
Hammond joined Wells Fargo’s retirement benefits consulting group in 1992 as an actuarial analyst, the firm says. She later moved into a variety of leadership roles and was named a principal of the benefits consulting business in 1999. Since 2004, Hammond has been director of actuarial services, managing a team of 46 professionals who deliver benefits consulting expertise to clients. She has overseen the firm’s actuarial student exam and training program and helped drive the development of Wells Fargo’s defined benefit administration product.
Hammond graduated with a bachelor’s degree in economics from Davidson College and a master’s degree in actuarial science from Georgia State. She achieved her enrolled actuary designation in 1997, a fellow designation from the Society of Actuaries in 1998, and a fellow designation from the Conference of Consulting Actuaries in 2005.