RICHMOND, Va., Aug. 31 /PRNewswire-FirstCall/ -- Genworth Financial
(NYSE: GNW) announced today that Fred Conley has joined the firm in a new
position as president and chief executive officer of its recently formed
Institutional Retirement Group. Conley reports to Pam Schutz, president and
chief executive officer of Retirement Income and Investments.
Conley joins Genworth with 20 years of financial services and benefits
consulting experience. Most recently, Conley served as executive vice
president of institutional sales at CitiStreet, the second largest 401(k)
service provider in the industry. Previously he served as a regional vice
president with American Express Retirement Services. Conley was also a
business development consultant with Hewitt Associates. He began his career
with UNUM (predecessor to UnumProvident) where he gained experience in account
management and sales.
A Saco, Maine native, Conley received a bachelor's degree from Columbia
College in New York City in 1985.
Genworth Financial's Retirement Income and Investment segment, based in
Richmond, Virginia, is dedicated to helping individuals and families achieve
financial independence. Our companies offer fixed, variable and income
annuities; variable life insurance; asset management; and specialized products
like guaranteed investment contracts, funding agreements and structured
settlements. Our product suite supports distributors' financial planning
models and its strong distribution network reaches nationwide.
About Genworth Financial
Genworth (NYSE: GNW) is a leading insurance holding company, serving the
lifestyle protection, retirement income, investment and mortgage insurance
needs of more than 15 million customers. The company has operations in 22
countries, including the U.S., Canada, Australia, the U.K. and more than a
dozen other European countries. For more information about Genworth Financial,
CONTACT: Anna Gauthier of Genworth, +1-804-289-3740,
SOURCE Genworth Financial