It is a new position.
In an interview, Mr. Carrington said Mr. Moen will “emphasize our commitment to the lifetime income space and to serve the large customer market.”
Mr. Moen will be responsible for marketing UBS Global Asset Management investment strategies and retirement income solutions to the large DC plan market.
Mr. Moen was vice president for institutional sales at Genworth Financial, according to a UBS news release. A request for information and comment from Tom Topinka, a spokesman for Genworth, was not returned by press time.