Phil Waldeck is CEO of PGIM Multi-Asset Solutions, which leverages PGIM’s deep public and private markets expertise for the purpose of developing and implementing sophisticated asset-liability management and asset allocation strategies for insurance, pension, and other institutional investor clients.Before assuming this role in 2021, Mr. Waldeck served as senior vice president and chief transformation officer for Prudential Financial, Inc. Prior to this, Mr. Waldeck served as CEO of Prudential’s Workplace Solutions Group and as president of Prudential Retirement.Additionally, Mr. Waldeck was the architect of Prudential’s Pension Risk Transfer business and led two landmark pension buy-outs in the US with General Motors ($25 billion) and Verizon ($8 billion), along with the nation’s first pension buy-in. Mr. Waldeck’s team also executed the breakthrough $28 billion reinsurance transaction covering longevity risk from the British Telecom Pension Scheme (Plan), as well as international longevity reinsurance transactions with UK insurers that cover pensions from Rolls Royce, British Airways, and more than 200 other UK pension plans. Under Mr. Waldeck’s leadership, the Pension Risk Transfer business grew to over $170 billion.Prior to joining Prudential, he served as a senior vice president in Cigna’s retirement business. Mr. Waldeck earned a bachelor’s degree, magna cum laude, from Tufts University and an MBA from the University of Michigan.