Venerable has announced the promotions of two West Chester, PA based Investment and Finance leaders, Tim Henry and Karthik Gadiraju.
As Senior Vice President, Tim Henry, will lead a team of investment professionals and will be tasked with adding a second asset manager to Venerable’s business model at the close of the previously communicated transaction with Equitable Holdings, Inc. In addition, Henry will continue to oversee liquidity management, investment management, asset modeling, and risk management related to Venerable’s invested assets.
“Tim has a high degree of leadership and ability to address numerous challenges associated with managing a complex investment function,” said Thomas Hanson, Chief Risk Officer for Venerable. “He and his team are an instrumental part of our business operations and consistently deliver excellent results while managing to varying market conditions. I look forward to Tim’s continued influence on our Investment function and organization.”
Venerable is also announcing the promotion of Karthik Gadiraju to Vice President, Head of Derivative Strategy and Trading. Gadiraju has led hedge strategy development, trading, quantitative analytics, day-to-day management of hedge programs, and an extensive transformation of strategy for equity and interest rate risks.
Prior to serving as AVP, Head of Capital Market Solutions, Gadiraju came to Venerable from its predecessor company and held several roles in hedging and risk management of variable and fixed indexed annuities, as well as fixed indexed hedging and risk management roles with Aviva Investors, Deutsche Bank, and Societe Generale.
Dave Wiland, EVP and Chief Financial Officer, noted “Karthik’s ability to deliver quality hedge strategy proposals and effectively execute on them in dynamic market conditions is a significant benefit to Venerable and closely protects several risk metrics that are key to our financial success. He is a valuable advisor to his colleagues and an asset to Venerable as an organization.”
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