Andrew Yorks Appointed as Head of Global Investment Strategy at Prudential
Prudential Financial Inc. announced on Monday that it had hired Andrew Yorks as its new head of global investment strategy, an appointment effective July 15. In the role, Yorks will report to Tim Schmidt, who is senior vice president and CIO of the firm.
According to a press release, Yorks will be responsible for developing investment plans for the firm’s general account and identifying and assessing new opportunities for the firm. Prudential has $1.5 trillion in assets under management, as of March 31, 2024.
Yorks is currently CIO of Resolution Life U.S, a $74 billion insurance asset manager. Previously, he was also head of alternatives and private debt strategies at Lincoln Financial Group. He was also a managing director at BlackRock and a portfolio manager at AllianceBernstein.
“For my next chapter, I am very excited to join Prudential Financial with a near 150-year track record of continuously making lives better for its customers and creating value for its investors. Tim Schmidt and his investment team in partnership with PGIM are best-in-class in delivering high-quality diversified investments with disciplined asset liability management for the businesses,” Yorks said in a LinkedIn post.
He holds a Bachelor of Arts in psychology from Lehigh University and a Master of Business administration from the Stern School of Business at NYU.
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