Transamerica Retirement CEO to Head New Unit of AEGON Companies

March 30, 2009 ( - Transamerica Retirement Services has announced the promotion of CEO and President Kent Callahan to Group Head of Employer Solutions and Pensions for the AEGON companies.

In his expanded role, Callahan will oversee the operations of Diversified Investment Advisors, Inc., Transamerica Retirement Services, Worksite Marketing, and Clark Consulting, Inc., according to the announcement. He will also retain his current role as President and CEO of Transamerica Retirement Services.

This newly formed group includes more than 3,000 employees of AEGON companies, the announcement said. It creates a new structure designed to enable the AEGON companies’ business customers to understand the broader portfolio of products and services offered by these four business units, as well as provide synergistic opportunities to serve AEGON companies’ clients more efficiently and open up distribution opportunities.

Callahan joined Transamerica Retirement Services in 1986 and has served in several different roles prior to being promoted to President and CEO. He will continue to be based in Atlanta and will report to Mark Mullin, President of AEGON Americas.