Tiffani Potesta joins Voya Investment Management as new head of Distribution

Rhea-AI Summary

Voya Investment Management (Voya IM) announces the appointment of Tiffani Potesta as the new head of Distribution, effective July 8, 2024. Potesta will based in New York, overseeing all distribution aspects for Voya IM's institutional and intermediary business. She will report to CEO Matt Toms. Potesta brings over 20 years of leadership experience in asset management, having held positions at Schroder Investment Management North America, Deutsche Bank, First Eagle Funds, and Allianz Global Investors. Voya IM expects her expertise to bolster their distribution strategies, product positioning, and client services globally.

Positive

• Appointment of Tiffani Potesta with over 20 years of industry experience could strengthen Voya IM's distribution strategies.
• Potesta's previous leadership roles at notable firms like Schroder Investment Management and Deutsche Bank add credibility.
• New leadership may enhance Voya IM's global product positioning and client service strategies.

Negative

• Transitioning to new leadership may involve an adjustment period, potentially affecting short-term distribution strategies.
• If expectations from Potesta's appointment are not met, it could negatively impact investor confidence.

NEW YORK--(BUSINESS WIRE)-- Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that Tiffani Potesta will join the company July 8, 2024. Based in New York, Potesta will oversee all distribution aspects of Voya IM's institutional and intermediary business, including setting the strategic direction across U.S. and international sales, distribution strategy, product positioning, client service and relationship management. Potesta will report to Matt Toms, chief executive officer of Voya IM.

“We are pleased to announce Tiffani is joining Voya IM to lead our Distribution team,” said Toms. “Tiffani brings a great depth of experience across multiple facets of the industry, and I am confident that her expertise will benefit both our clients and Voya. We look forward to Tiffani’s leadership as we continue to strengthen our distribution of investment products and services globally in the institutional, sub-advisory and intermediary channels.”

Potesta has more than 20 years of leadership experience in the asset management industry where she spent most of her career designing and implementing business and distribution strategies, ensuring asset longevity, mitigating risk, and fostering revenue and client diversification. She joins Voya IM from Schroder Investment Management North America, where she held various leadership positions, most recently serving as chief strategy officer, head of Distribution. Previously, she held account management roles at Deutsche Bank, First Eagle Funds and Allianz Global Investors.

About Voya Investment Management

Voya Investment Management (IM) manages approximately $331 billion as of March 31, 2024, in assets across public and private fixed income, equities, multi-asset solutions and alternative strategies for institutions, financial intermediaries and individual investors. Drawing on a 50-year legacy of active investing and the expertise of 300+ investment professionals, Voya IM has cultivated a culture grounded in a commitment to understanding and anticipating clients’ needs, producing strong investment performance, and embedding diversity, equity and inclusion in its business.

VOYA-IM

View source version on businesswire.com: https://www.businesswire.com/news/home/20240610594109/en/

Media:

Laura Maulucci

Voya Financial

(508) 353-6913

Laura.Maulucci@voya.com

Source: Voya Financial, Inc.

FAQ

When will Tiffani Potesta join Voya Investment Management?

Tiffani Potesta will join Voya Investment Management on July 8, 2024.

What role will Tiffani Potesta have at Voya IM?

Tiffani Potesta will be the head of Distribution at Voya IM.

What experience does Tiffani Potesta bring to Voya IM?

Tiffani Potesta has over 20 years of leadership experience in asset management, with roles at Schroder Investment Management, Deutsche Bank, First Eagle Funds, and Allianz Global Investors.

Who will Tiffani Potesta report to at Voya IM?

Tiffani Potesta will report to Matt Toms, the chief executive officer of Voya IM.

What responsibilities will Tiffani Potesta have at Voya IM?

She will oversee all distribution aspects of Voya IM’s institutional and intermediary business, including U.S. and international sales, distribution strategy, product positioning, client service and relationship management.