RICHMOND, Va., Jan 08, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Genworth Financial Asset
Management, a division of Genworth Financial, Inc. (NYSE: GNW) announced today
that Tim Knepp has rejoined the division as chief investment officer. Knepp
succeeds Rob Brown, who has left the company in pursuit of a new opportunity
in the non-profit public service sector.
Knepp returns to Genworth Financial Asset Management after working as an
independent investment consultant. During his previous tenure with the
company, he was a senior member of the investment team with responsibilities
in the areas of external manager research and general investment policy
decision-making. He has more than 20 years of experience in equity analysis,
manager due diligence, asset allocation and portfolio construction. Knepp
earned his CFA designation in 1986.
"Tim brings a tremendous track record of investment experience, industry
knowledge and innovation to our business," stated Gurinder Ahluwalia,
President of Genworth Financial Asset Management. "He also brings a deep
understanding of our investment philosophy and process. His familiarity with
our highly-experienced investment team is another significant asset. Tim's
return will enable us to continue to provide our clients an unparalleled level
of investment expertise."
Knepp assumes responsibility for a senior investment management team of 8
professionals. Genworth Financial Asset Management's well-developed team
structure leverages each member's specific expertise in asset allocation,
manager selection, risk implementation and trading. With nearly 140 years of
investment experience, the team guides an investment process that is sound,
repeatable and reliable.
About Genworth Financial
Genworth Financial (NYSE: GNW) is a leading financial security company
meeting the retirement, longevity and lifestyle protection, investment and
mortgage insurance needs of more than 15 million customers. It has a presence
in more than 25 countries. For more information, visit genworth.com.
SOURCE Genworth Financial, Inc.