An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Monica Verma Joins Global Atlantic as COO of Investment Office
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Global Atlantic Financial Group has appointed Monica Verma as the new Chief Operating Officer of its Investment Office, enhancing its leadership team. With nearly 23 years of experience, including her previous role as Global Head of Enterprise Treasury at Vanguard, Verma will focus on advancing core investment strategies and collaboration with business partners. Following KKR's acquisition of Global Atlantic in February 2021, the company has leveraged KKR’s investment expertise to strengthen its portfolio performance. This strategic hiring aims to bolster growth and asset management efficiency.
Positive
Appointment of Monica Verma as COO strengthens leadership.
Verma brings 23 years of relevant experience from Vanguard and PIMCO.
Expected to enhance investment strategies and partnerships.
KKR's acquisition provides access to significant investment expertise.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
Global Atlantic Financial Group (“Global Atlantic”), a leading financial services company, announced the hiring of Monica Verma as the Chief Operating Officer for the company’s Investment Office. With the hiring of Ms. Verma, Global Atlantic continues its track record of attracting top industry talent.
Ms. Verma will play a key role in the Investment Office, advancing core strategies and creating optimal connectivity with business partners to support the company’s objectives. She brings nearly 23 years of in-depth, hands-on experience to the role, joining Global Atlantic from Vanguard, where she was most recently the Global Head of Enterprise Treasury. Prior to Vanguard, she served as Executive Vice President, Head of New York Operations for Pacific Investment Management Company (PIMCO).
“Monica is an exceptional leader and experienced investment professional. I’m thrilled to have her on the team,” said Anup Agarwal, Chief Investment Officer at Global Atlantic. “She will play a critical role in the Investment Office, particularly as we continue to grow assets and deepen our relationship with KKR.”
In February 2021, KKR, a leading global investment firm, purchased Global Atlantic, which now operates as a standalone, majority-owned subsidiary. Through the deal, Global Atlantic gained access to KKR’s investment expertise and scale. Global Atlantic’s Investment Office remains responsible for the overall performance of the investment portfolio while KKR provides investment management services.
About Global Atlantic
Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. With differentiated investment and risk management capabilities, deep client relationships, and a strong financial foundation, the company has established a track record of delivering proven, value-added solutions and long-term growth. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions. KKR’s parent company is KKR & Co. Inc. (NYSE: KKR).
Global Atlantic Financial Group (Global Atlantic) is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries, including Forethought Life Insurance Company and Accordia Life and Annuity Company. Each subsidiary is responsible for its own financial and contractual obligations. These subsidiaries are not authorized to do business in New York.
