Transamerica announced today that Andrew Yorks has been appointed Chief Investment Officer, effective October 6. He will report to Will Fuller, President and CEO, and will serve as a member of Transamerica’s Executive Committee.
Yorks will oversee the company’s investment strategy, general account, asset liability management and hedging program. He is responsible for guiding the investment approach into the future—enhancing capabilities, optimizing the portfolio and identifying new opportunities to drive sustainable growth.
His appointment represents another milestone in Transamerica’s transformation, underscoring a sharpened focus on the asset management strategy, contributing to building a champion middle market life insurance and retirement company.
“I’m excited to have Andy join the Transamerica leadership team,” said Fuller. “His depth of industry experience is impressive and will advance our asset management strategy and investment capabilities which are instrumental to our strategy and growth ambitions.”
Yorks brings more than 30 years of institutional investment experience. He most recently served as Head of Global Investment Strategy at Prudential Financial, Inc. where he led the development of investment plans and asset liability management strategies. Prior to that, he was Chief Investment Officer at Resolution Life U.S. and held senior leadership roles at Lincoln Financial Group, BlackRock and Alliance Capital.
“I’ve long admired Transamerica, particularly in recent years as it has taken bold steps to refine its strategy and strengthen its position as a leading middle market life insurance and retirement company,” said Yorks. “I’m excited to join during such an important time and contribute to the next chapter of its investment strategy.”
Yorks holds an MBA from New York University’s Stern School of Business and a Bachelor of Arts from Lehigh University.
