Rohit Mathur joined Prudential Retirement's pension risk transfer (PRT) team in the newly created role of senior vice president, Global Product and Market Solutions.
Mathur will assess corporate finance implications of pension risk management to cultivate a consistent recognition of pension de-risking solutions. He will partner with the company's distribution team in the service of clients and promote understanding of these issues among credit and equity analysts, treasurers, chief financial officers and investment bankers. He will also lead the team developing original research and related marketing for pension de-risking strategies.
Mathur will report to Scott Kaplan, senior vice president, Head of Global Product and Market Solutions, Pension and Structured Solutions.
Mathur was most recently an executive director, Capital Structure and Strategy for UBS Investment Bank, where he worked with clients in multiple industries with a specific focus on corporate finance, risk advisory and pension issues. Prior to that, he was with Moody's Investors Service where he published research on accounting and pension issues and worked with credit analysts to incorporate those risks more systematically into company ratings. He holds a Ph.D. from Columbia Business School.
In other industry news:
The Guardian Insurance & Annuity Company Inc. (GIAC) appointed Drew Fairley, Louis Sammartino and Steven Yoggerst to the company's 401(k) national sales team as regional vice presidents of Retirement Plan Sales.
Fairley will focus on 401(k) and retirement planning for Guardian in Mississippi, Louisiana and Northern Florida. The University of Mississippi grad brings 24 years of financial services expertise and most recently as the senior retirement sales representative for Principal Financial Group.
With more than 20 years of retirement plan industry experience, Sammartino will be responsible for developing a wide range of qualified plans through non-proprietary channels throughout New York and New Jersey. Previously, Sammartino held regional sales positions at Securian Financial Group and ING. He received his B.S. in Marketing and Business Administration at St. Peter's University.
Yoggerst has worked in various regional wholesaler positions with Guardian since 2005 and will now be responsible for retirement plan sales in Illinois, Wisconsin and the Upper Peninsula of Michigan. He has a B.S in Business Administration from Woodbury University.