T. Rowe Price names Ben Riley as Head of Insurance

T. Rowe Price, a global investment management company, has appointed Ben Riley, CFA®, to the newly established position of Head of Insurance, effective January 1, 2025.

In this role, Riley will lead a team focused on serving insurance clients in North America and will also manage the firm’s global insurance initiatives.

He will retain his responsibilities for current clients and prospects, continuing to report to Doug Greenstein, Head of Institutional Business Development for the Americas, who oversees the firm’s institutional business operations in North America.

“Ben is perfectly suited to take on this important new role,” added Greenstein. “His extensive experience and dedication have been instrumental in establishing T. Rowe Price within the Insurance sector. Ben is a strong leader, and his appointment will enable us to drive growth and better serve our clients with enhanced focus and expertise.”

Riley has been with T. Rowe Price since 2001, joining the Americas Institutional Client Service team in 2007. In 2017, he became the firm’s first senior relationship manager dedicated to overseeing insurance general account mandates, focusing on sales and client service.

Since then, the firm’s insurance business has expanded significantly across several asset classes. Riley has also worked as a relationship manager for Retirement Plan Services and held positions within the Fixed Income and Multi-Asset divisions. In his new role, he will lead a team of relationship managers who will report directly to him.

“Many of our insurance clients are looking for a partner with scale who has the ability to provide customised fixed income solutions,” commented Riley.

“We’ve been doing this successfully for several years. T. Rowe Price’s focus on fundamental, proprietary credit research, coupled with our extensive equity research platform, provides a holistic view of the credits in which we invest. This is critically important for insurance mandates, which tend to be lower in turnover and sensitive to impairments. When you combine the resources of T. Rowe Price with our service-oriented culture, and the quality of our credit research platform, it makes us an ideal partner for insurance clients.”

This website states: The content on this site is sourced from the internet. If there is any infringement, please contact us and we will handle it promptly.