NEW YORK--(BUSINESS WIRE)--Equitable, a leading financial services company and subsidiary of Equitable Holdings (NYSE: EQH), today named Robin M. Raju as Head of Individual Retirement. Raju, current Treasurer of Equitable Holdings and Business CFO, will report to Nick Lane, President of Equitable. In this new role, he will drive strategy for the Individual Retirement business including distribution, product, inforce portfolio, M&A, capital, hedging and strategic relationships.
“As a newly independent company, we continue to evaluate our businesses to ensure we are positioned for continued success, including putting the right leaders in place to guide us forward,” said Nick Lane. “Robin has the right combination of leadership experience, financial expertise and market sophistication to drive our strategic growth, manage our existing portfolio and continue our track record of innovation in individual retirement.”
With 16 years of increasing responsibility at Equitable, Raju brings a deep understanding of all aspects of capital management and risk management, as well as the company’s inforce portfolio to his new position. As Treasurer of Equitable Holdings and Business CFO, he played a key role in managing the capital and financials that underpin Equitable’s business segments, including the Individual Retirement business. He also led the company’s preparation for its successful initial public offering in May 2018. Previously, Raju held leadership positions in global variable annuity and life and savings businesses, Equitable’s Fund Management Group and Equitable Advisors. Through these experiences, Raju has amassed broad perspective including strategy, product innovation, capital, distribution channels and serving clients.
“I look forward to leading Equitable’s individual retirement business and helping our clients secure their financial well-being so they can pursue long and fulfilling lives,” said Robin Raju. “Our talented team will continue to evolve our innovative client solutions and grow our distribution relationships, while maintaining strong returns on capital.”
Raju will assume his new role on April 1, 2020. Subject to Board of Directors’ approval, Yun “Julia” Zhang will be named Treasurer of Equitable Holdings.
Equitable, a subsidiary of Equitable Holdings (NYSE: EQH), has been one of America’s leading financial services providers since 1859. With the mission to help clients secure their financial well-being, the company provides advice, protection and retirement strategies to individuals, families and small businesses. Equitable has more than 8,000 employees and financial professionals and serves 2.8 million clients across the country. Please visit equitable.com for more information.
Equitable is a brand reference to AXA Equitable Life Insurance Company (NY, NY) and, overall, the brand name of Equitable Holdings, Inc. The reference to 8,000 employees and financial professionals includes approximately 4,700 financial professionals of AXA Advisors, LLC (member FINRA, SIPC). GE-2999803(03/20)(exp.06/20)