#USA #Baltimore #Transamerica #Chief Investment Officer #Andrew Yorks

Andrew Yorks Takes the Helm as Transamerica's Chief Investment Officer

In a significant move for both Andrew Yorks and Transamerica, he has officially stepped into the role of Chief Investment Officer (CIO) as of October 6, 2025. This announcement, made on October 7, 2025, highlights a vital step in the ongoing transformation of Transamerica, a key player in the life insurance and retirement sectors. Yorks will directly report to Will Fuller, President and CEO, and will have a key position on the Executive Committee.

Strategic Leadership and Vision

Yorks' primary responsibilities will include overseeing the investment strategies, managing general accounts, handling asset liability management, and directing the company's hedging programs. His leadership is expected to bolster Transamerica's investment approach, fostering portfolio optimization, enhancing investment capabilities, and identifying innovative opportunities geared toward sustainable growth.

Fuller expressed his enthusiasm regarding Yorks’ appointment, emphasizing the significant depth of industry experience Yorks brings to the table. Fuller stated, "I'm excited to have Andy join the Transamerica leadership team. 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."

A Wealth of Experience

Andrew Yorks is equipped with over three decades of institutional investment experience, making him a seasoned professional in the financial sector. Previously, he served as the Head of Global Investment Strategy at Prudential Financial, Inc., where he was instrumental in developing investment plans and strategies for managing assets and liabilities. Yorks has also held high-ranking positions at Resolution Life U.S., Lincoln Financial Group, BlackRock, and Alliance Capital.

Upon accepting the role at Transamerica, Yorks shared his admiration for the company, noting the bold initiatives they have undertaken to refine their strategy and enhance their standing in the middle market of life insurance and retirement solutions. He expressed his eagerness to contribute to the company's evolution during this pivotal time in its investment strategy.

Educational Background

Yorks holds an MBA from the prestigious Stern School of Business at New York University and a Bachelor of Arts from Lehigh University, further solidifying his credentials in the financial and investment arena.

Transamerica's Mission and Vision

Transamerica has a long-standing commitment to helping everyday Americans lead their best lives, creating lasting impact through innovative financial solutions. Established over 120 years ago, the company is currently one of the leading providers of life insurance, retirement plans, and investment solutions, impacting the financial futures of over 10 million Americans. In 2024 alone, Transamerica fulfilled its commitments by paying out more than $62 billion in insurance, retirement, and annuity claims and benefits, including refunds of customer-paid annuity premiums.

In conclusion, with Andrew Yorks at the helm of investment strategies, Transamerica aims to significantly enhance its asset management capabilities, ensuring continued growth and innovation in providing valuable financial services. As a proud member of the Aegon group of companies, Transamerica remains steadfast in its mission to support the financial futures of its customers while adapting to the evolving landscape of services and products.