Investment manager T. Rowe Price announced on Wednesday the promotion of Ben Riley to head of insurance at the firm, a newly created position, effective January 1, 2025.
Riley will oversee T. Rowe Price’s insurance clients in North America and will report to Doug Greenstein, head of institutional business development for the Americas.
“Ben is perfectly suited to take on this important new role,” Greenstein said in a statement. “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, currently a senior relationship manager servicing insurance clients as a part of the institutional client service team, joined T. Rowe Price in 2001. He has also worked in client service and relationship management roles at T. Rowe Price covering pension, defined contribution and other retirement plan service clients.
“Many of our insurance clients are looking for a partner with scale who has the ability to provide customized fixed-income solutions,” Riley said in a statement. “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.”
Riley earned a bachelor’s degree from Dickinson College and an MBA from the George Washington University School of Business.
Related Stories:
Russell Investments Adds Heier to Lead Institutional Client Service
Lyenda Simpson Delp to Head NTAM’s Global Institutional Client Group
Shelly Heier, President of Verus, to Depart This Month
Tags: Ben Riley, Doug Greenstein, insurance, T. Rowe Price