Jake Tuzza has been promoted to head of distribution at Voya Investment Management.
Mr. Tuzza succeeds Charlie Shaffer, who left "for an opportunity outside our firm," spokesman Kristopher Kagel said in an email.
Mr. Tuzza will report to CEO Christine Hurtsellers and will oversee all aspects of Voya Investment Management's distribution efforts, "including those tied to the firm's institutional, insurance, intermediary and international clients," said a news release Thursday. .
He had served as head of intermediary distribution since 2015. That group will now be led by Paul Bernardi, Troy Chakarun and Hugh Ferry, with each reporting to Mr. Tuzza.
"Paul and Troy will take expanded leadership roles co-leading the internal and external sales force, which includes working with our internal partners on strategy and execution for field-driven sales with our intermediary clients," Mr. Kagel said. "Hugh will continue to lead our business development team."
In addition, Voya IM named Conor Sullivan head of U.S. institutional distribution, reporting to Mr. Tuzza, the news release said. In this position, Mr. Sullivan also succeeds Mr. Shaffer, Mr. Kagel said.
Mr. Sullivan was managing director, head of client advisory and consultant relations-central region. No one will succeed Mr. Sullivan in his prior position, Mr. Kagel said, citing that "we are going to move from three regions (East, Central and West) to two."
Also, Dina Santoro was appointed to the new role of chief operating officer of Voya Investment Management, reporting to Ms. Hurtsellers, the release said. Ms. Santoro will oversee marketing, product, data and analytics, client service, operations and technology.
Ms. Santoro was senior managing director and head of product and marketing. "Her previous responsibilities are part of her larger role as (chief operating officer)," Mr. Kagel said. She will remain president of the company's Voya Funds unit.
Voya Investment Management, the asset management business of Voya Financial, had more than $252 billion in assets under management as of Sept. 30.
