Nubin Asset Management Appoints William Huffman as New CEO

Nuveen Asset Management, an investment management firm under the Teachers Insurance and Annuity Association of America (TIAA), announced on the 14th that it has appointed William Huffman as its new Chief Executive Officer (CEO).

TIAA manages assets worth $1.2 trillion. As the new CEO, Huffman will lead Nuveen's senior leadership team and also serve as a member of TIAA's Executive Committee.

With over 30 years of experience in the asset management industry, CEO Huffman previously served as President of Nuveen Asset Management, overseeing the equity and fixed income divisions. Since TIAA acquired Nuveen in 2014, assets under management have grown from $800 billion to $1.2 trillion.

CEO Huffman stated, "Nuveen will continue to succeed by strengthening its position as a leader in the fixed income market, providing clients with enhanced capabilities in the public markets and alternative investments, and investing in key segments including insurance and retirement wealth and institutional businesses."

He added, "By expanding our international presence, we will serve clients in new ways."