Chairman and CEO, Voya Financial
Rodney O. Martin, Jr., is chairman and chief executive officer (CEO) of Voya Financial, Inc. (NYSE: VOYA), which helps Americans plan, invest and protect their savings — to get ready to retire better.
Martin is a veteran of the retirement, insurance and financial services industries with more than 40 years of high-profile experience. He joined Voya as CEO in 2011 and, since then, has overseen a significant financial, operational and cultural transformation.
Under Martin’s leadership, Voya has achieved 700 basis points of improvement in Ongoing Business Adjusted Operating Return on Equity; generated strong growth in Ongoing Business operating earnings; returned more than $5 billion in excess capital to shareholders; and fostered a OneVoya culture. Voya successfully completed the necessary preparations for an initial public offering (IPO) on the New York Stock Exchange in May 2013 – one of the top performing IPOs of that year.
Prior to joining Voya, Martin held several leadership roles of increasing responsibility during a 10-year tenure at AIG. He served as COO of AIG Worldwide Life Insurance; chairman and CEO of American Life Insurance Company (Alico); chairman of American International Assurance (AIA); and chairman of AIG’s international life and retirement services businesses. Martin previously was president and CEO of American General Life Companies prior to its acquisition by AIG in 2001. He began his career in 1975 as an agent with Connecticut Mutual Life Insurance Company, where he served more than 20 years, ultimately becoming president of Connecticut Mutual Insurance Services.
Martin received his bachelor’s degree in business administration from Alfred University. He is a fellow, Life Underwriter Training Council, a board member of the American Council of Life Insurers (ACLI) and Junior Achievement (JA) USA, and has served on the board of the Life Insurance Marketing and Research Association (LIMRA).
Serving the financial needs of approximately 13.8 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $8.5 billion in revenue in 2018. The company had $467 billion in total assets under management and administration as of Dec. 31, 2018.