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Voya Financial, Inc. (NYSE: VOYA) is a premier provider of retirement, investment, and insurance solutions, serving approximately 13 million individual and institutional customers across the United States. Headquartered in New York, Voya operates with a clear mission to secure financial futures through its diverse product offerings and dedicated service.
Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions. The Wealth Solutions segment, which generates roughly half of the company's revenue, provides tax-advantaged retirement savings plans and individual retirement accounts tailored to meet the needs of various customer groups. Investment Management offers a range of asset management services, while Health Solutions provides group life insurance plans and employee benefit products.
Recently, Voya has been recognized for its advanced digital capabilities and commitment to enhancing customer experiences. The company has partnered with Oracle to leverage Oracle Database@Azure, ensuring secure, high-performance cloud services to its clients. This move underscores Voya’s dedication to technological advancement and customer-centric service delivery.
With a workforce of approximately 6,500 employees and a strong focus on corporate responsibility, Voya is deeply committed to helping individuals and institutions achieve better retirement readiness. The company's vision, encapsulated in its tagline “America’s Retirement Company™”, emphasizes guiding Americans towards financial stability and security, one person, one family, and one institution at a time.
For more information about Voya Financial, Inc., visit voya.com.
Voya Financial has been honored with the Medgar Evers College Equity and Impact Award for its dedication to diversifying the teaching workforce and supporting students from underserved communities. At the Medgar Evers Legends and Legacy Inauguration Scholarship Gala, Voya was recognized alongside three other companies. The award was accepted by Braeden Mayrisch, who emphasized the importance of nurturing young educators and students. Voya collaborates with Medgar Evers College to enhance educational opportunities, aligning with its mission to foster financial security for all Americans.
Voya Financial (NYSE: VOYA) has achieved certification as a Great Place to Work for seven consecutive years, with 88% of its employees affirming it as a great workplace, significantly higher than the 57% average for U.S. companies. The certification was based on feedback from over 1,700 employees and highlights include 95% of employees feeling positive about Voya's community contributions, and 93% feeling welcomed upon joining. Voya serves 14.3 million clients and manages approximately $644 billion in assets.
Voya Investment Management (NYSE: VOYA) has appointed Matt Toms, CFA, as its first global chief investment officer (CIO). Toms, who has been CIO of fixed income since September 2016, will oversee over 300 investment professionals managing approximately $330 billion in assets. This restructuring aims to enhance client service and leverage investment insights across teams. Additionally, Chris Lyons expands his role in private fixed income and alternatives. The firm also announced upcoming changes among its investment team members in line with succession planning.
On Sept. 29, 2022, Voya Financial (NYSE: VOYA) declared a quarterly dividend of $0.20 per share, leading to adjustments in the exercise price of its Warrants. The price decreased from $47.21 to $47.07 per share, while the number of shares per Warrant increased to 1.0356. As of June 30, 2022, Voya reported $644 billion in total assets under management and administration, serving approximately 14.3 million clients. Voya is recognized for its ethical commitments and workplace inclusivity.
Voya Financial, Inc. (NYSE: VOYA) has joined the United Nations Global Compact, a platform guiding businesses towards responsible practices in human rights, labor, environment, and anti-corruption. The initiative includes over 15,000 companies worldwide. CEO Rodney O. Martin, Jr. emphasized Voya's commitment to its environmental, social, and governance strategy, aiming to create positive impacts alongside partners. Voya serves 14.3 million clients and manages $644 billion in assets as of June 30, 2022, continuing its pledge towards socially responsible business operations.
Voya Financial (NYSE: VOYA) participated in the NDSS New York City Buddy Walk on September 17, highlighting the diverse needs of families connected to the disabilities community. The event featured over 2,000 participants, promoting inclusion and awareness for individuals with Down syndrome. Notable attendees included Voya's Chief Client Officer, Bill Harmon, who shared personal experiences about his son transitioning to adulthood. Voya Cares continues to support individuals with disabilities, ensuring their financial security and quality of life.
Voya Financial (NYSE: VOYA) has announced the appointment of My Chi To as executive vice president and chief legal officer. In her new role, To will oversee Voya's Law, Compliance, and External Affairs department, as well as the Internal Audit team. She brings over two decades of experience in corporate legal advisory and senior government roles, having previously served as executive deputy superintendent at the New York State Department of Financial Services. Voya's leadership expressed confidence that To will be a vital asset in advancing the company's growth strategy.
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