Company:Voya Financial

From HandWiki
Short description: American financial services company
Voya Financial, Inc.
TypePublic company
IndustryFinancial services
PredecessorING U.S.
Founded1991; 33 years ago (1991)
(As an ING subsidiary)
HeadquartersHelmsley Building
New York City , U.S.
Key people
Rodney O. Martin, Jr.
(Chairman & CEO)
Michael S. Smith
(CFO)
ProductsRetirement services
Insurance
Asset management
Employee benefits
RevenueDecrease US$7.6 billion (2020)
Increase US$495 million (2020)
Increase US$-158 million (2020)
Total assetsIncrease US$180 billion (2020)
Total equityDecrease US$11.3 billion (2020)
Number of employees
7,200 (2022)
Websitevoya.com
Footnotes / references
[1]

Voya Financial is an American financial, retirement, investment and insurance company based in New York City . Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering.[2] In April 2014, the company rebranded itself as Voya Financial.[3] Voya's predecessors had first entered the U.S. market in the 1970s.

Operations

One of three Voya Financial buildings in Minneapolis

The company's main center for broker-dealer (the ING Financial Partners division)[2] and annuities businesses is located in Des Moines, Iowa.[4] This center was first established in 1997 and employed 400 as of late 2014.[2][4] On July 31, 2017, Voya entered into an agreement with Cognizant to outsource a broad range of IT services, resulting in layoffs and jobs transferred to Cognizant.[5]

References

Further reading

  • Rooney, Jennifer (11 Apr 2013). "ING U.S. To Rebrand As Voya". Forbes. https://www.forbes.com/sites/jenniferrooney/2013/04/11/ing-u-s-to-rebrand-as-voya/. 
  • "ING U.S. to Become Voya Financial in 2014" (Press release). ING U.S. 13 Jan 2014. Archived from the original on 21 January 2014.

External links