Retirement Industry People Moves

Phil Loftus has joined OneAmerica as vice president of actuarial services.

Loftus will lead the defined benefit actuarial team, bringing experience and innovative ideas that stem from approximately 20 years of established success in actuarial consulting. He was previously a director and consulting actuary at PricewaterhouseCoopers.

Bill Yoerger, president of retirement services for OneAmerica, says Loftus brings substantial experience helping companies understand complex pension issues and developing strategies to adapt in a dynamic marketplace.

Loftus holds a bachelor’s degree in actuarial science from the University of Iowa. He is a fellow of the Society of Actuaries and an enrolled actuary, and he has worked through Junior Achievement, at times pairing with the Actuarial Foundation, to equip advanced math teachers in middle schools and high schools to educate students about personal finance as well as opportunities in the actuarial profession.

Khaled El-Kadi has joined T. Rowe Price to lead development and innovation on the technology team for the firm’s recordkeeping business.

El-Kadi brings deep expertise in the retirement plan services domain and 25 years of experience with Merrill Lynch, serving in roles including chief operating officer and chief technology officer for the retirement business. As chief technology officer of the retirement group at Merrill Lynch, El-Kadi led all technology efforts in the acquisition of several benefits recordkeeping companies and management of billions of assets in defined benefit, defined contribution, deferred compensation, and executive equity option plans. 

Most recently, he served as the senior business adviser for Enterprise Iron Financial Industry Solutions.

Aimee DeCamillo, head of retirement plan services at T. Rowe Price, cites El-Kadi for his technical leadership and innovative approach.

Daniel Notto has joined JP Morgan Asset Management (JPMAM) as managing director and ERISA (Employee Retirement Income Security Act) strategist in the firm’s retirement solutions unit.  

Notto, who has more than 30 years of experience, will work to strengthen JPMAM’s focus on legislative and regulatory changes, help inform product strategy and provide updates to plan sponsors and financial advisers on policies that could impact defined contribution (DC) plans.

He will report to Anne Lester, managing director, portfolio manager and head of retirement solutions, in the firm’s New York headquarters. Lester says Notto’s expertise will help drive DC business strategy and the product development process. “He will play a key role in simplifying complex ERISA requirements for the plan sponsors and financial advisers we work with through white papers, bulletins, webcasts and in-person meetings,” Lester says.

Before joining J.P. Morgan, Notto was senior retirement plan counsel at AllianceBernstein (now AB) and general counsel and consulting practice director at Universal Pensions (now Ascensus). He also worked in the legal department of Investors Diversified Services (now Ameriprise Financial).

Notto holds a bachelor’s degree from the University of Minnesota and a juris doctor degree from William Mitchell College of Law. He holds the certified pension consultant (CPC) designation from the American Society of Pension Professionals & Actuaries (ASPPA) and is a member of the bar of New York State.

NEXT: Lincoln Financial Group adds institutional retirement distribution sales director

Ray Jambois has joined Lincoln Financial Group as sales director for the North Central region on its institutional retirement distribution team.

Jambois is responsible for working with consultants and advisers who service the 401(k) and 403(b) markets. Previously, he was the director of retirement consulting for Baker Tilly and was vice president of 401(k) sales at Fidelity Investments.

Based in Minneapolis, Jambois reports to Mike Hall, national sales manager, who cites Jambois for his knowledge and experience helping consultants and advisers to deliver positive results and improved retirement outcomes.

Jambois has his FINRA series 6, 63 and 65 licenses, and an insurance license for Minnesota. He holds a bachelor’s degree from the University of Wisconsin-La Crosse.

Timothy E. Codrington has joined Copper Rock Capital Partners as portfolio manager.

Codrington, who has 16 years of experience, is responsible for fundamental research coverage, as well as generating investment ideas for all of Copper Rock’s existing global equity strategies. He reports to Stephen Dexter, Copper Rock’s chief investment officer.

Previously, Codrington was an associate portfolio manager on the global equity team at AGF Management Limited in Toronto. Codrington oversaw $7 billion in global and emerging markets investments in three funds at AGF: a global core fund, a global dividend fund and an emerging markets fund. He also was responsible for researching global securities in the consumer staples and cyclical sectors.

Earlier, Codrington was a senior vice president and portfolio manager at Boston-based Putnam Investments, working on a variety of international and global strategies. While there, he helped to launch a global consumer fund and co-managed it to a top-quartile, three-year track record.

Michael Forrester, Copper Rock’s chief executive officer, cites Codrington for his tremendous knowledge in the analysis of global companies and management of global equity portfolios.

Codrington holds a bachelor’s degree from Harvard University and a master’s degree in business administration Harvard Business School, where he was the recipient of the Robert A. Toigo Foundation Fellowship and the Goldman Sachs Fellowship.

Copper Rock Capital Partners is a global equity management firm serving institutional investors.