Transamerica Appoints Jamie Ohl to Lead the Company’s Retirement, Insurance, and Investment Businesses

Transamerica CEO Will Fuller announced today that divisional president Jamie Ohl has taken on additional responsibilities as president of the company’s Protection Solutions and Savings & Investments businesses. Ohl, previously president of Transamerica’s life insurance and annuity products and its mutual funds, will now also oversee its retirement and employee benefits businesses. 

“Jamie is a tremendous leader of transformational change who has driven growth and profitability at Transamerica and throughout her career in retirement, asset management, insurance and distribution businesses,” said Fuller. 

Since joining Transamerica in 2022, Ohl has implemented key changes to the company’s life insurance and annuities businesses that are instrumental in the company’s transformation journey, Fuller said. “I am excited that Jamie will now also lead the advancement of Transamerica’s retirement and employee benefits solutions, which serve more than $235 billion in assets and 25,000 organizations,” he said. 

Ohl has more than 30 years of financial services experience and her leadership extends across retirement, insurance, and investments. Before joining Transamerica, Ohl led retirement businesses at The Hartford, Voya Financial Inc., and Lincoln Financial Group. She also led the funds management business at Wilshire, a global financial services firm. Since joining Transamerica in 2022, Ohl has helped Transamerica strengthen its focus on end-to-end execution of its strategic businesses, including the affiliated networks of World Financial Group, Transamerica Agency Network and Transamerica Financial Advisors, Inc., Fuller said. 

As president of Protection Solutions and Savings & Investments, Ohl will oversee sales, product development, operations, and customer service. Phil Eckman, who joined Transamerica in 1996 and most recently served as president of the company’s retirement and employee benefits businesses, has left the company. 

Fuller also noted that Transamerica has transitioned its affiliated insurance distribution network, World Financial Group (WFG), into a separate business division reporting directly to the CEO. The change bolsters Transamerica’s commitment to its robust distribution model as an important growth engine while helping protect underserved people and communities. For more than two decades, WFG has been at the forefront of educating individuals and families of diverse backgrounds to effectively prepare for their financial futures. 

WFG is led by Todd Buchanan, who has more than 25 years of insurance distribution, digital transformation, and wealth management experience. Buchanan will now report directly to Fuller. “WFG’s nearly 76,000 independent insurance agents are reaching the fastest-growing middle income consumer segment in North America,” Fuller said. “Todd will continue to drive strong growth in our agent network to increase access to financial protection products for all Americans.” 

Transamerica also recently announced that Rob Carney had joined Transamerica as chief distribution officer for its life insurance and annuity products and its mutual funds, reporting to Ohl.