To focus on strategy and growth in all key retirement plan markets
HOUSTON, October, 2019 — AIG Retirement Services (formerly VALIC), a leading defined contribution retirement plan provider for tax-exempt and public sector employers, has appointed industry veteran David Ray as Senior Vice President, Head of Market Management.
In this newly created role, Ray will help shape overall strategy and growth in all key retirement plan markets, as well as leading the Market Management team. Ray joins from TIAA, where he most recently served as Senior Vice-President, Institutional Plan Sales and Consultant Relations.
“We’re excited to have David join our team to help us deepen awareness of our value proposition in the marketplace and to take a more strategic approach to growth opportunities,” said Eric Levy, Executive Vice President, AIG Retirement Services.
Mr. Ray brings more than 25 years of experience in sales, relationship management, consultant relations and market leadership with Fidelity Investments, Transamerica and, most recently, TIAA. He will be based in Dallas, Texas, and will report to Mr. Levy.
Mr. Ray earned a BA in Finance from the University of Texas at Arlington. He is active in the community, having previously served on the Board of the Institute for Diversity of the American Hospital Association, as well as on the Jesuit College Preparatory School Development Committee.
For more than half a century, AIG Retirement Services has served as a leading defined contribution retirement plan provider for tax-exempt and public sector employers, including healthcare, K-12, higher education, government, religious, charitable and other nonprofit organizations. AIG Retirement Services has more than $100 billion in total assets under administration, managing thousands of plans serving approximately 1.8 million participants. It represents the VALIC family of companies: The Variable Annuity Life Insurance Company and its subsidiaries, VALIC Financial Advisors, Inc. and VALIC Retirement Services Company.