In Brief: Pru Unit Puts Two on Institutional Team

Prudential Retirement, an arm of Prudential Financial Inc. in Newark, N.J., has announced the hirings of Safia Mehta and Geri Carroll for its investment products and advisory services team, which introduced eight institutional investment products last year.

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Ms. Carroll joined Prudential Retirement in January after seven years at Fidelity Investments as an investment consultant in the defined contribution market, where she worked for clients in the large-plan segment, the company said Thursday.

Ms. Mehta joined Prudential Retirement last August as a vice president of investment products and is responsible for product development.

In 2004, Prudential Retirement added two large-cap growth, two mid-cap growth, one mid-cap value, one international value, one small-cap value, and one real estate product for institutions.

The retirement unit delivers plan solutions for public, private, and nonprofit organizations. Its services include record keeping, administration, investment management, comprehensive employee investment education and communications, and trustee services.


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