TIAA-CREF adds Fidelity, Valic execs

Teresa Hassara was named senior managing director and head of institutional clients services at TIAA-CREF, overseeing its institutional business, and Kevin Nazworth was named vice president and head of its health-care segment, a new position to oversee and develop hospital retirement plan business, the company announced.

Ms. Hassara is scheduled to join TIAA-CREF on Nov. 23 and will replace Nancy Heller, who became senior managing director and head of news businesses, a new position, in product development and management for TIAA-CREF institutional clients. Ms. Hassara was senior vice president, investment services, at Fidelity Investments. Information about her replacement couldn’t be learned by press time.

Mr. Nazworth, who joined TIAA-CREF on Oct. 26, was executive vice president, group management and national markets, at Valic. Information about his replacement couldn’t be learned by press time.