Deals and People

Retirement Industry People Moves

By Javier Simon | May 12, 2017
Page 7 of 9 View Full Article

Industry Vet Returns to SSGA to Lead DC Business

Dave Ireland will return to State Street Global Advisors to serve as the firm’s global head of defined contribution (DC).

He will be tasked with leading the firm’s $421 billion global defined contribution (DC) businessincluding all business development activities, product development, thought-leadership, marketing, and retirement-related public policy advocacy. Ireland will lead a global team of more than 40 employees located in Boston, London and San Francisco.

Ireland served with SSGA for more than 13 years which saw him fill various roles including US Consultant Relations, director of the North American Defined Contribution Sales and Strategy and senior investment strategist and portfolio manager for the Global Asset Allocation team. He was involved in designing and distributing SSGA's Target Retirement Funds. He most recently served as director of Defined Contribution Distribution at Wellington Management, where he played a strategic role in building out its DC business.

“The defined contribution market continues to expand, both in size and complexity,” says Barry F.X. Smith, head of the Americas Institutional Client Group. “Plan sponsors and the participants they serve face many challenges as they seek the shared goal of a financially secure retirement. This includes providing the right investment choices, educational tools and plan features that help participants reach their goals. It will also soon include providing choices that help them manage the income from their savings throughout retirement. Dave is a leader who has been helping clients meet these challenges for many years and we are pleased to have him re-join SSGA to help us make retirement work for everyone.”

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