Bill Huffman named new CEO at US asset manager Nuveen
Nuveen, the investment management arm of TIAA, the US-based retirement and investment solutions provider, has appointed Bill Huffman as its new CEO.
Nuveen’s new CEO Bill Huffman (Image: LinkedIn)
Huffman, who will also serve as a member of TIAA’s executive committee and chair the Nuveen executive leadership team, succeeds Jose Minaya who held the CEO role for over four years.
The new head joined Nuveen in 2008, starting as COO and co-head of Nuveen Asset Management.
Most recently, he acted as president of Nuveen Asset Management and head of equities and fixed income. In this role, Huffman oversaw a team that managed a global investment enterprise with over $1 trillion in assets under management across fixed-income, municipal bonds, multi-asset, private capital, equities, and C-PACE financing.
Huffman is credited with playing a “significant role” in increasing the company’s assets under management from $800 billion in 2014, when TIAA acquired Nuveen, to $1.2 trillion.
Before joining Nuveen, Huffman spent over 16 years at Northern Trust Global Investments in Chicago, finishing his tenure as the firm’s CEO.
Speaking on his promotion, Huffman states the firm will look to deliver “enhanced public market and alternative capabilities to clients” and invest in “our wealth and institutional businesses in key segments including insurance and retirement”.
