Transamerica Capital, an underwriting and wholesaling broker/dealer for variable annuities firm and company of Aegon, has appointed Scott Ramey as new head of business development.

Ramey will focus on business development opportunities for existing relationships, new account acquisitions, cross-selling opportunities, and will assist key distributors to create growth opportunities for both parties.

He will also lead the existing team of national account managers and internal relationship managers, and will work closely with the head of distribution to drive Transamerica solutions and strategies at key firms and distributors.

Ramey worked with Transamerica Capital for nearly two years as a Divisional Sales Manager in 2007-2008.

Transamerica Capital chief sales officer Dave Paulsen said the company’s commitment to sustaining long-term success in the variable annuity and mutual fund business is once again reinforced as Transamerica continue to invest in strengthening relationships with key distributors.

Transamerica Capital is the underwriting and wholesaling broker/dealer for variable annuities issued by Transamerica Life Insurance and Transamerica Financial Life Insurance and mutual funds advised by Transamerica Asset Management.

Transamerica Capital works with financial professionals at wirehouse, regional, independent, and bank firms to provide a variety of insurance and investment solutions.