MassMutual Retirement Services has named Aruna Hobbs as Head of Institutional Investments for Retirement Plans as part of a strategy to more aggressively promote its mutual funds and stable value investments to retirement plan sponsors and their financial advisors.
Hobbs is responsible for providing strategic oversight for the growth of MassMutual’s award-winning family of mutual funds and stable value investments available through retirement plans and investment-only channels. She is overseeing the stable value unit as well as a newly created team of seven sales and service representatives who are promoting MassMutual’s mutual funds to recordkeeping and investment-only clients. Hobbs reports to Brian Haendiges, SVP, Investment Services, for MassMutual Retirement Services, and will be located in Boston.
Previously Hobbs served as Managing Director and Head of Stable Value for New York Life Investments. She also held a series of executive positions in the institutional unit of Aegon Americas and Transamerica.
