Matt Toms appointed first global chief investment officer of Voya Investment Management


NEW YORK–(BUSINESS WIRE)–Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), today announced that Matt Toms, CFA, has been appointed to the newly created position of Global Chief Investment Officer (CIO).

Toms, who has served as CIO of fixed income for Voya Investment Management (IM) since September 2016, will now lead the firm’s more than 300 investment professionals who manage approximately $330 billion in assets under management. in fixed income, equities, multi-asset solutions and alternative strategies. He will continue to report to Christine Hurtsellers, Managing Director of Voya IM.

“By focusing on our clients’ needs and investing in our company, we have been able to successfully expand our investment capabilities and grow while prioritizing the continuity of our portfolio management teams and processes. investment,” said Hurtsellers. “With this evolution and our focus on continued growth, the time has come to transition to a global CIO model, and we are fortunate to have an experienced, successful and well-regarded leader in Matt to oversee our investment teams. Over his 28-year career in investment management, Matt has not only gained a wealth of experience and knowledge of various market cycles and trends, but – just as importantly – he has used this knowledge to develop and manage investment strategies that have produced strong results for our clients.”

“This new structure will support our focus on meeting the needs of our increasingly global customer base and ensure that we can leverage the knowledge of all teams to invest in ways that help our customers achieve their goals,” Hurtsellers added. .

The fixed income investment team will continue to report to Toms, who will retain their current portfolio management responsibilities. In addition, Chris Lyons, CFA will take on an expanded role as Head of Private Fixed Income and Alternatives. Lyons had recently served as Group Head of Private Credit and will continue to report to Toms.

Vincent Costa, CFA and Paul Zemsky, CFA will continue in their roles as CIO overseeing equities and multi-asset solutions respectively, and will now both report to Toms.

Voya IM also today announced several future changes to its investment teams that reflect the execution of the company’s carefully crafted succession plans:

  • Michael Pitoch – who was co-CIO with Costa overseeing the Voya IM equity platform – and Jeffrey Bianchi, CFA – who served as a portfolio manager on several of Voya IM’s growth equity strategies – will leave the company at the end of 2022. Effective January 1, 2023, Leigh Todd, CFA, will act as lead portfolio manager for Voya IM’s equity growth strategies. Todd will work closely with Kristy Finnegan, CFAwho will continue to act as portfolio manager on the company’s growth strategies.
  • Richard Johnsonwho joined Voya IM as part of the firm’s acquisition of the investment advisory business and certain other assets of small cap growth specialist Tygh Capital Management in January 2022, will retire in June 2023. Michel Coyne, CFAwho also joined Voya IM from Tygh’s team earlier this year, will lead the small cap equity team when Johnson retires.
  • Jeff BakalarSenior Managing Director, Group Head and CIO of Voya IM’s Leveraged Lending Group, will retire in April 2023. Bakalar will be replaced by Mohamed Basma, CFA, who was appointed head of leveraged credit. Basma most recently served as Managing Director, responsible for Senior Loans and Global CLOs.

“We continue to develop and expand our suite of private and alternate capabilities, which have become increasingly important to a client’s allocation. Having a dedicated leader in Chris Lyons who understands the unique aspects of these strategies will help ensure our future success. At the same time, we also continued to invest in our equity platform to bring together the right tools and talent to deliver alpha to our clients,” Toms said. “I look forward to continuing to work with our investment teams as we leverage our expertise in fixed income, equities and alternatives to help our clients achieve their long-term investment goals. term.”

Prior to becoming CIO of fixed income, Toms oversaw investment teams responsible for investment grade corporates, high yield corporates, securitized products, mortgage-backed securities, emerging market debt and money market strategies. Prior to joining Voya IM, Toms worked at Calamos Investments, where he established and grew its fixed income business. He has also held positions with Northern Trust and Lincoln National.

About Voya Investment Management

Voya Investment Management manages approximately $330 billion* of assets in public and private fixed income, equities, multi-asset solutions and alternative strategies for institutions, financial intermediaries and individual investors, focusing on drawing on a 50-year legacy of active investing and the expertise of 300+ investment professionals. Named best workplace in financial management by Pensions and investments for seven consecutive years, Voya IM has cultivated a culture built on a commitment to understanding and anticipating client needs, delivering strong investment performance, and embedding diversity, equity and inclusion into its business. (*AUM as of 06/30/22, reflecting pro forma assets of Voya IM and certain Allianz Global Investors US strategies, included as of 07/25/22.)

About Voya Financial®

Voya Financial, Inc. (NYSE: VOYA), is a leading health, wealth and investment company that provides products, solutions and technologies that enable a better financial future for its customers, its customers and society. Servicing the needs of 14.3 million retail, professional and institutional customers, Voya has approximately 6,000 employees and total assets under management and administration of $644 billion as of June 30, 2022. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is driven and also committed to conducting its business in a socially, environmentally, economically and ethically responsible manner. Voya has been recognized as: one of the World’s Most Ethical Companies® by the Ethisphere Institute; member of the Bloomberg Gender-Equality Index; and a “Best Workplace for Disability Inclusion” on the Disability Equality Index. For more information, visit Follow Voya Financial on Facebook, LinkedIn and Twitter @voya.



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