March 29, 2021

widen

Voya revamps leadership structure to widen record-keeping business

Voya Financial is doubling down on its retirement plan record-keeping business. In its latest move to expand the scope of the business, the company reshuffled its leadership team, creating two new vice chairman positions as well as two new CEO roles to lead the company’s wealth and health services.

The reorganization of the senior management team will help advance the company’s focus on workplace and institutional clients, said Charles P. Nelson, the company’s new chief growth officer and one of its two new vice chairmen.

The retirement business is not solely about selling 401(k) plans but also all the related

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