Transamerica Retirement Services, a marketing unit of Transamerica Financial Life Insurance Company, has named Scott Young as the new regional vice president for its Northeast region.

In his new role, Mr Young will be responsible for sales activities and distribution channels in the New York City metropolitan area, Long Island, and New Jersey’s Monmouth, Middlesex and Hudson counties.

Mr Young will be based in Manhattan and report to Christopher Barrett, divisional vice president for the Northeast region at Transamerica. He assumes the new role after serving as a Transamerica sales associate in Manhattan since 2006, where he was responsible for developing relationships with financial advisors, and helping them to build their retirement business.

Stig Nybo, president of Transamerica Retirement Services, said: “Scott’s strong industry knowledge and ability to build durable relationships with financial advisors have translated into proven sales success.

“With Scott’s commitment and passion for the retirement services industry and demonstrated sales track record, we know he will continue to be a valuable asset to Transamerica in this important region.”