John Carter has been named because the President and Chief Working Officer-elect of Nationwide's monetary providers enterprise traces, efficient instantly.
Carter succeeds Kirt Walker, who will turn into Nationwide's subsequent Chief Government Officer in October. Reporting to Walker, Carter will oversee the corporate's retirement plans, life insurance coverage (particular person, enterprise and corporate-owned), annuities and mutual funds enterprise operations.
"John brings greater than 30 years of economic providers business expertise to this position," Walker stated. "All through his profession, he has demonstrated excellent management, each by way of outcomes and folks. John is a powerful advocate for the retirement safety of America's staff—serving to them put together for and stay in retirement. We sit up for reaching continued success beneath his steerage."
Carter joined Nationwide Monetary in 2005 as president of the Nationwide Monetary Gross sales and Distribution group, accountable for main gross sales of private-sector retirement plans, life insurance coverage, annuities and mutual funds. In 2013, he was named President of Nationwide's retirement plans enterprise. In his present position, he and his crew have launched progressive retirement options, pushed worthwhile progress and delivered a member and associate expertise that has been acknowledged nationally by organizations together with J.D. Energy and Dalbar.
"I am assured in Nationwide's future and the chance to construct on our energy of selling and defending retirement for America's staff," Carter stated. "As a number one supplier of particular person and office options, I see super progress potential for this enterprise by specializing in how our prospects wish to be served."
Previous to becoming a member of Nationwide, he held government positions in monetary providers at Prudential Monetary, UBS and the previous Kidder Peabody.
"Nationwide advantages from a powerful bench of government leaders," stated retiring CEO Steve Rasmussen. "Kirt and John will work collectively to facilitate a easy transition and keep the sturdy progress momentum we have constructed over the previous a number of years. We sit up for reaching continued success beneath John's management, constructing on Nationwide's mutual heritage, monetary energy and tradition of caring."
Carter is a graduate of the College of Missouri the place he earned a Bachelor of Science diploma in Enterprise Administration and Finance.
About Nationwide
Nationwide, a Fortune 100 firm based mostly in Columbus, Ohio, is likely one of the largest and strongest diversified insurance coverage and monetary providers organizations in america. Nationwide is rated A+ by each A.M. Greatest and Customary & Poor's. An business chief in driving customer-focused innovation, Nationwide supplies a full vary of insurance coverage and monetary providers merchandise together with auto, enterprise, owners, farm and life insurance coverage; private and non-private sector retirement plans, annuities and mutual funds; extra & surplus, specialty and surety; pet, bike and boat insurance coverage. For extra data, go to www.nationwide.com. Observe us on Fb and Twitter.
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