Lincoln Financial Names New Director of Business Development on Institutional Retirement Distribution Team

Friday, August 28, 2015 10:30 am EDT

Dateline:

RADNOR, Pa.

Public Company Information:

NYSE:
LNC
"Javier’s extensive experience in the retirement plan services industry and the government sector positions Lincoln for continued success in the western region"

RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial Group’s (NYSE:LNC) Retirement Plan Services business announced that Javier Obando has been named director of business development on its Institutional Retirement Distribution (IRD) team. Obando is responsible for working with government plan sponsors, national and regional independent registered advisor and consulting firms in the western region of the country. He will help plan sponsors and advisors address industry trends related to fiduciary governance and plan design in order to optimize retirement outcomes. Obando is based in Los Angeles, CA and reports to Jason Key, IRD head of business development for Lincoln’s Retirement Plan Services business.

“Javier’s extensive experience in the retirement plan services industry and the government sector positions Lincoln for continued success in the western region,” said Key.

Prior to joining Lincoln, Obando was regional sales director for Empower (formerly Great-West Retirement Services), where he focused on the government sector. He also spent several years at the company in numerous sales positions including client relationship and business development. Obando was also a retirement consultant with Benefit Funding Services Group and a regional director at Prudential Retirement.

Obando received his bachelor of science degree in business administration from California State Polytechnic University. He holds series 6 and 63 FINRA registrations and California Life and Disability licenses.

*Photo available upon request.

About Lincoln Financial Group’s Retirement Plan Services

For more than 60 years, Lincoln Financial Group’s Retirement Plan Services (RPS) business has been helping savers boost their retirement readiness through employer-sponsored plans. Our distribution force of more than 400 professionals, including institutional and wholesale distribution channels and advisor-based sales teams, work to provide plan sponsors with retirement plans that not only meet the unique needs of their plan participants but also align with sponsors’ total rewards strategies and help recruit and retain top talent. RPS Retirement Consultants, available onsite, online and by phone, develop long-term one-on-one relationships with savers to help motivate them to take actions that lead to better retirement outcomes. RPS offers personalized services, solutions and education to help plan participants get to and through retirement. The business serves approximately 1.4 million participants through 22,000 plan sponsors with $55 billion in assets under management as of June 30, 2015.

Lincoln Financial Group

Lincoln Financial Group provides advice and solutions that help empower Americans to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $223 billion in assets under management as of June 30, 2015. Learn more at: www.LincolnFinancial.com. Find us on Facebook, Twitter (@lincolnfingroup), LinkedIn and YouTube. To sign up for email alerts, please visit our Newsroom at http://newsroom.lfg.com.

Contact:

Lincoln Financial Group
Daniela Palmieri, 484-583-2986
Daniela.Palmieri@lfg.com