Nationwide Financial Services, has appointed Cain Hayes as the senior vice president and chief sales officer for Nationwide Retirement Solutions (NRS).

In his new role, Mr Hayes will lead the company’s distribution teams for public-sector retirement plan sales, bundled retirement plan services and managed accounts for retirement plans. He will also be responsible for leading the management of customer and business partner relationships.

Mr Hayes had joined Nationwide in 2008 as vice president and managing director of its bundled retirement plans business. Prior to joining Nationwide, he spent 17 years with Principal Financial Group, holding different leadership positions at the regional and national level within their retirement plans sales organization.

Anne Arvia, senior vice president of Nationwide retirement plans, said: “Cain has served as the interim head of public-sector sales since November of last year and has led the NRS sales organization to solid performance. Cain’s appointment to this role will give us the leadership we need as we look to grow sales in our public-sector, bundled and managed accounts businesses.”