LIMRA LOMA Secure Retirement Institute Board Elects New Chair, Vice Chair

WINDSOR, Conn., April 29, 2015—During its spring board meeting earlier this month, the LIMRA LOMA Secure Retirement Institute^TM Board of Directors elected Kent Callahan to be the next chairman, and Aimee DeCamillo to be vice chair succeeding David Levenson of Edward Jones.

“We are pleased to have two such exceptional leaders to take the helm of the LIMRA LOMA Secure Retirement Institute,” said Robert A. Kerzner, president and CEO of LIMRA, LOMA and LL Global. “I am confident that Kent and Aimee will bring an in-depth knowledge of the industry and the issues challenging our members, which will be invaluable as they guide the Institute’s agenda and advance our mission to improve retirement readiness for all Americans.”

With more than 30 years industry experience, Callahan is a member of the Transamerica U.S. Management Board and serves as president and CEO of the Investments & Retirement (I&R) division, which consists of Transamerica’s mutual fund, variable annuity, synthetic GIC, U.S. institutional retirement plans and COLI/BOLI businesses. Transamerica’s I&R division represents 25,500 plan sponsors and 5.4 million Americans with $295 billion of revenue generating investments (as of December 31, 2014).  Callahan succeeds the Institute’s first chairman, David Levenson.

Aimee DeCamillo was elected vice chair for the Institute and will succeed Callahan in 2016.  DeCamillo, who served as the Financial Literacy Committee Chair in the Institute’s inaugural year, is vice president and head of T. Rowe Price Retirement Plan Services, Inc. In this role, she is responsible for more than 3,500 retirement plans, representing approximately 2 million participants, and with approximately $155 billion of assets under administration as of March 31, 2015.

According to the Board’s governance rules, each officer will serve a one-year term, offering direction to the retirement research and educational programs for LIMRA LOMA Secure Retirement Institute.

“With expectations and realities of retirement changing, there is a need for an informed discussion about the needs and issues that influence retirement.  The LIMRA LOMA Secure Retirement Institute offers a forum for leaders across all retirement sectors to explore the obstacles facing Americans trying to achieve a financially secure retirement and identify ways the industry collectively can improve retirement readiness through research, education and innovation,” noted Callahan.  “I am honored to serve as the chair of the LIMRA LOMA Secure Retirement Institute."