Yahoo Finance Peter Tian Appointed Group Treasurer of Equitable Holdings
NEW YORK, May 22, 2024--(BUSINESS WIRE)--Equitable Holdings, Inc. (the "Company") (NYSE:EQH), the leading financial services holding company of Equitable, AllianceBernstein and Equitable Advisors, today announced that Peter Tian has been named Group Treasurer, effective June 3, 2024. Tian will report to Robin M. Raju, Chief Financial Officer of Equitable Holdings, and join Equitable’s Operating Committee.
In this role, Tian will manage the Company’s banking relationships and oversee capital and liquidity management and hedging programs as well as third-party debt and funding programs (FABN, FHLB). Tian succeeds Julia Zhang, who was recently named Equitable Holdings Chief Risk Officer. The Company also announced that Erik Bass, Head of Investor Relations, will assume responsibility for ratings agency relationships.
"Peter is a proven leader at Equitable with more than a decade of experience managing risk and capital effectively across different economic cycles, including his most recent role leading pricing and in-force management for Individual Retirement, our largest segment," said Robin M. Raju. "Combined with his prior experience advising top life insurers, Peter has amassed deep expertise and respect across the industry. He is a valued colleague and asset to Equitable as we deliver on our growth strategy and create value for our stakeholders."
As the Head of Product and In-Force Management at Equitable, Tian led product development, pricing, new business strategy and in-force optimization for the Individual Retirement segment. He joined Equitable in 2019 as the Deputy Chief Risk Officer, overseeing the Company’s market risk, credit risk and insurance risk management functions. Prior to Equitable, Peter was a Principal at Oliver Wyman, where he advised U.S. and global life insurers on corporate strategy, product design, in-force optimization and capital and liquidity management.
Tian graduated from Yale University summa cum laude with a Bachelor of Science degree in Biomedical Engineering.
About Equitable Holdings
Equitable Holdings, Inc. (NYSE: EQH) is a leading financial services holding company comprised of complementary and well-established businesses, Equitable, AllianceBernstein and Equitable Advisors. Equitable Holdings has $974 billion in assets under management and administration (as of 3/31/2024) and more than 5 million client relationships globally. Founded in 1859, Equitable provides retirement and protection strategies to individuals, families and small businesses. AllianceBernstein is a global investment management firm that offers diversified investment services to institutional investors, individuals and private wealth clients. Equitable Advisors, LLC (Equitable Financial Advisors in MI and TN) has 4,300 duly registered and licensed financial professionals that provide financial planning, wealth management, retirement planning, protection and risk management services to clients across the country.
Reference to the 1859 founding applies specifically and exclusively to Equitable Financial Life Insurance Company (NY, NY).
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Contacts
Investor Relations
Erik Bass
(212) 314-2476
IR@equitable.com
Media Relations
Sophia Kim
(212) 314-2010
mediarelations@equitable.com
