Jackson National Life Insurance Company (Jackson) today announced that Aimee DeCamillo, who has been serving as head of Retirement Plan Services at T. Rowe Price, has been named chief commercial officer and president of Jackson National Life Distributors LLC (JNLD), the marketing and distribution arm of Jackson. DeCamillo will be based in the companys Franklin, Tennessee office, a commercial hub near Nashville, and will assume her new role effective June 3, 2019.
An industry veteran, DeCamillo has held her current role at T. Rowe Price since 2014, where she has led the growth of the companys full-service defined contribution recordkeeping business, representing $171B of assets under administration (AUA) as of December 31, 2018. She was directly accountable for delivering renewed growth across operations, product, sales, marketing and relationship management. DeCamillo previously served as the head of product and marketing for retirement plan services at T. Rowe Price and prior to that was head of personal retirement solutions for Bank of America, Merrill Lynch Wealth Management. She is the former chair of the LIMRA/LOMA Secure Retirement Institute Board and currently serves on the board of the Employee Benefit Research Institute (EBRI) and the Spark Institute.
I am pleased to welcome Aimee to the Jackson team, said Michael Falcon, chief executive officer, Jackson Holdings LLC. Aimees insights and expertise are an outstanding complement to our already strong capabilities. Her proven track record of driving growth and innovation will help us broaden and deepen our success, expanding our reach into new areas that can position Jackson to even more effectively serve Americans seeking to build their financial freedom.
I am delighted to join the Jackson team, DeCamillo added. I look forward to helping build on their already strong track record of proven success as an industry leader, both in the eyes of advisors and the clients they serve.
DeCamillos announced arrival coincides with the upcoming departure of Greg Cicotte, EVP and chief distribution officer of JNLD, who recently announced he will be leaving Jackson to pursue other interests.
I would like to thank Greg Cicotte for his exceptional contribution to Jackson over his 28-year career here, Falcon said. Under his leadership, JNLD has grown to be one of the leading and most well-respected distribution forces in the industry. I wish him all the best for the future.
Jackson is a leading provider of retirement products for industry professionals and their clients. The company and its affiliates offer variable, fixed and fixed index annuities designed for tax-efficient growth and distribution of retirement income for retail customers, as well as products for institutional investors. Jackson is a proud founding member and co-chair of the Alliance for Lifetime Income, a nonprofit 501(c)(6) organization formed and supported by 24 of the nations financial services organizations to create awareness and educate Americans about the importance of protected lifetime income. With $257.7 billion in IFRS assets*, the company prides itself on sound corporate risk management practices and strategic technology initiatives. Focused on thought leadership and education, Jackson provides industry insights and financial representative training on retirement planning and alternative investment strategies. The company is also dedicated to corporate philanthropy and supports nonprofits focused on strengthening families and creating economic opportunities in the communities where its employees live and work. For more information, visit www.jackson.com.
*Jackson has $257.7 billion in total IFRS assets and $243.5 billion in IFRS policy liabilities set aside to pay primarily future policyowner benefits (as of December 31, 2018).
Jackson is an indirect subsidiary of Prudential plc, a company incorporated in England and Wales. Prudential plc and its affiliated companies constitute one of the world’s leading financial services groups, serving over 26 million customers with $837.1 billion in assets under management (as of December 31, 2018). Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America.
This press release may contain certain statements that constitute “forward-looking statements.” Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements which are other than statements of historical facts. However, as with any projection or forecast, forward-looking statements are inherently susceptible to a number of risks and uncertainties and actual results and events could differ materially from those currently being anticipated as reflected in such forward-looking statements. There can be no assurance that management’s expectations, beliefs or projections will result or be achieved or accomplished. Any forward-looking statements reflect Jackson’s views and assumptions as of the date of this press release and Jackson disclaims any obligation to update forward-looking information.
Patrick Rich, Director, External Communications