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Marcks Named President Of Prudential’s Retirement Business

by FinancialWire - Aug 22,2007

(FinancialWire) Christine C. Marcks has been named president of Prudential Financial, Inc.’s (NYSE: PRU) Prudential Retirement unit. She currently oversees the company's personal retirement services and retirement income businesses.

Prior to joining Prudential Retirement, Marcks spent four years at ING Financial Services (NYSE: ISG), where she built and managed ING's IRA rollover and payout-annuity business. Before that she spent thirteen years at Aetna (NYSE: AET), holding a range of leadership positions in the defined contribution, marketing, and product development areas.

Marcks replaces John Y. Kim as head of PRU’s retirement business.

Newark, New Jersey-based Prudential Financial had around $648 billion of assets under management as of June 30. The company has operations in the United States, Asia, Europe, and Latin America.

The company offers life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services.

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