Transamerica Taps Industry Leader Pooja Rahman as Chief Risk Officer

Transamerica announced today that Pooja Rahman will be appointed as Chief Risk Officer (CRO) and a member of the Transamerica Management Board, effective September 11, 2023. Her responsibilities will include managing all risk and risk-related actuarial functions along with maintaining Transamerica’s risk management framework and enhancing its risk management capabilities. 
 
Ms. Rahman joins Transamerica from Dai-ichi Life Holdings, Inc.’s US subsidiary Protective Life Corporation, where she has served as Chief Risk Officer. Her career experience has focused on high impact risk, capital, asset liability management, investment and hedging programs, product pricing and non-financial risks. She also brings regulatory expertise from her prior positions with the National Association of Insurance Commissioners (NAIC) and the Iowa Insurance Division (IID). Ms. Rahman was recently recognized as 2023 Chief Risk Officer of the year by Insurance ERM. 
 
“I am delighted that Pooja is joining our leadership team and management board,” said Will Fuller, President and CEO of Transamerica. “She is a high caliber, proven executive who brings a wealth of experience across the spectrum of risk management and the regulatory domain. A strong risk culture is essential in Transamerica’s next chapter as we build America’s leading middle market life insurance and retirement company”. 
 
Ms. Rahman holds a Juris Doctor from Drake University, a Master of Business Administration from the University of New Orleans and a Bachelor of Commerce from the University of Mumbai. Appointed in 2019 as an inaugural member, she serves on the Federal Reserve Board’s Insurance Policy Advisory Committee (IPAC).   
 
Ms. Rahman succeeds Julie Spore, who has served as Chief Risk Officer since 2019, and will remain with the company in a new senior leadership position.