Christine Marcks to Head Retail/Rollover Capture for Prudential Retirement.NEWARK, N.J. -- Prudential Retirement, a business of Prudential Financial, Inc. (NYSE NYSE See: New York Stock Exchange : PRU PRU Prudential Financial PRU Pupil Referral Unit PRU Photographic Reconnaissance Unit PRU Potomac Rugby Union (Washington, DC) PRU Provincial Reconnaissance Unit PRU Projets de Rénovation Urbaine PRU Pruhonice ), announced today that it has named Christine C. Marcks senior vice president and head of its Retail/Rollover Capture business segment. In this role, Marcks will be responsible for the marketing, sales, earnings growth and retention of defined contribution rollover A graphic element in an application or on a Web page that changes its color or shape when the pointer is moved (rolled) over it. See JavaScript rollover. See also n-key rollover. assets. Marcks will report directly to John Y. Kim, president, Prudential Retirement. "Christine is a seasoned financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. professional with a proven ability to build successful businesses that meet the needs of individual retirement-plan participants," said John Kim, president, Prudential Retirement. "She has developed highly effective strategies for improving retention rates for defined contribution assets throughout her career, and she is highly regarded for her understanding of banking vehicles, IRAs and other tools that help individuals grow and protect their retirement assets. Christine is the ideal choice to help us profitably grow our Retail/Rollover Capture business, and I'm delighted that she is serving in this important role," Kim added. Marcks was most recently senior vice president and head of ING's Financial Horizons business, a business similar to Prudential Retirement's Retail/Rollover Capture operation. Prior to that, Marcks spent 10 years with Aetna, primarily with Aetna Financial Services in a variety of senior positions in both the retirement and annuity businesses. Earlier, she served as an International Economist with the U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. Department in Washington, D.C. Marcks has a bachelor's degree in foreign affairs foreign affairs pl.n. Affairs concerning international relations and national interests in foreign countries. from Assumption College and a M.A. in economics from Georgetown University Georgetown University, in the Georgetown section of Washington, D.C.; Jesuit; coeducational; founded 1789 by John Carroll, chartered 1815, inc. 1844. Its law and medical schools are noteworthy, and its archives are especially rich in letters and manuscripts by and . Prudential Retirement delivers retirement plan solutions for public, private, and non-profit organizations. Services include state-of-the-art recordkeeping, administration, investment management, comprehensive employee investment education and communications, and trustee services. With over 75 years of retirement experience, Prudential Retirement meets the needs of two million defined contribution participants and more than one million defined benefit annuitants. Prudential Retirement has $124 billion in retirement account values as of September 30, 2004. Prudential Financial companies, with approximately $470 billion in total assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. as of September 30, 2004, serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the United States. These companies offer a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement related services and administration, asset management, securities brokerage, banking and trust services, real estate brokerage franchises and relocation services. For more information, visit www.prudential.com. |
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