NEWARK, N.J.--(EON: Enhanced Online News)--James Mullery has been named senior vice president and head of Distribution and Sales for Prudential Annuities, where he will develop and drive the distribution and sales strategy for the business. Prudential Annuities is a business of Prudential Financial, Inc. (NYSE:PRU).
“In addition to creating a sales strategy that best supports customers’ needs, I’m confident Jim’s proven track record and rich understanding of the challenges and opportunities facing our industry will help to drive innovation across our business.”
In this newly created role, Mullery will report to Lori Fouché, president of Prudential Annuities, and join her senior leadership team, effective today.
“As we continue executing against our strategic priorities, Jim’s vast experience will enable us to strengthen our distribution approach,” said Fouché. “In addition to creating a sales strategy that best supports customers’ needs, I’m confident Jim’s proven track record and rich understanding of the challenges and opportunities facing our industry will help to drive innovation across our business.”
Mullery brings more than 25 years of financial services experience to Prudential. At BlackRock Asset Management, he served as managing director of the Retail Financial Institutions Group, where he had overall responsibility for leading their insurance sub-advisory business including sales, product development and administration.
Before joining BlackRock in 2012, Mullery served as president of the distribution arm for Guggenheim Partners – Security Benefit. He has also held positions of increasing responsibility at AXA Equitable, Fred Alger and Company, and UBS PaineWebber.
Mullery received his undergraduate degree from the University of Scranton and is a past member of its Board of Trustees. He holds his NASD Series 63, 65, 7 and 24 licenses.
About Prudential Financial, Inc.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit http://www.news.prudential.com.
The Prudential Insurance Company of America, Newark, N.J., and its affiliates.