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Genworth Financial Wealth Management Names New Chief Marketing Officer

Appointment to Drive Expanded Capability and Innovation for Advisors

PLEASANT HILL, Calif., Sept. 8, 2011 /PRNewswire via COMTEX/ -- Genworth Financial Wealth Management (GFWM), a subsidiary of Genworth Financial, Inc. (NYSE: GNW), today announced the appointment of Myra Rothfeld as Chief Marketing Officer. Reporting to CEO Gurinder Ahluwalia, Rothfeld will lead marketing, brand strategy and product management initiatives in support of the independent financial advisors GFWM serves.

"We are delighted to have Myra join the firm," said Ahluwalia. "With today's challenging landscape, we want to be more proactive and responsive in supporting our advisors. Adding her breadth of marketing experience and familiarity with the independent financial advisor will help us fulfill our mission."

Rothfeld has deep experience serving as a marketing executive for financial institutions including Charles Schwab, Citibank, and Shearson/American Express. Most recently, at Citibank she led the development of a new independent advisor channel to expand solutions for the bank's high net worth clients. Prior to that, Rothfeld was Senior Vice President, Marketing for Schwab Institutional where she was responsible for marketing, client experience and product management for the independent RIA business. She holds a Bachelor of Science from Cornell University and earned an MBA from New York University, Stern School of Business.

"Myra is passionate about the independent advisor space and she brings innovative ideas to help the advisors we serve grow and compete in their markets," said Ahluwalia.

About Genworth Financial Wealth Management, Inc.

Genworth Financial Wealth Management, Inc. helps independent financial advisors build great businesses by providing comprehensive support across every phase of their operation. GFWM offers a sophisticated investment management platform, robust client relationship tools and support, and innovative practice management programs that combine leading-edge industry research with real-world expertise and experience. A wholly owned subsidiary of Genworth Financial, Inc. (NYSE: GNW), GFWM has over $20 billion in assets on its platform and helps more than 6,000 advisors meet their clients' wealth management and investment needs. For more information, visit http://www.genworthwealth.com/.

About Genworth Financial

Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance holding company that is dedicated to helping people secure their financial lives, families and futures. Genworth has leadership positions in offerings that assist consumers in protecting themselves, investing for the future and planning for retirement -- including life insurance, long term care insurance, financial protection coverages, and independent advisor-based wealth management -- and mortgage insurance that helps consumers achieve homeownership while assisting lenders in managing their risk and capital.

Genworth has approximately 6,500 employees and operates through three segments: Retirement and Protection, U.S. Mortgage Insurance and International. Its products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, which traces its roots back to 1871, became a public company in 2004 and is headquartered in Richmond, Virginia. For more information, visit genworth.com. From time to time, Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of genworth.com.

SOURCE: Genworth Financial Wealth Management