Nandagopal assumes responsibility for driving company growth via acquisitions
Dresher, PA—August 3, 2016—Ascensus, the nation’s largest independent retirement plan and college savings services provider, has appointed Raghav Nandagopal as executive vice president of Corporate Development and M&A.
In this newly created role, Mr. Nandagopal will be the primary owner in leading M&A strategies, acquisition negotiations, and acquisition execution across the organization. This includes acquisitions in Ascensus’ existing business units as well as acquisitions that would further diversify the firm’s business into adjacent markets. He will have a direct impact on the sourcing of deals while driving the overall development and management of Ascensus’ active corporate acquisition pipeline.
Mr. Nandagopal brings more than 25 years of operational, technology, and investing experience to his new role. Before joining Ascensus, he held the role of senior vice president of Strategy and Business Development at Broadridge Financial Solutions, overseeing growth initiatives, business development, and acquisition activities to deliver revenue and margin growth. He also led a number of Broadridge corporate initiatives, including Industry Utilities, Block Chain, and Strategic Investments in innovative private companies.
Prior to Broadridge, Mr. Nandagopal spent over a dozen years in PE and Venture Capital with US Trust, Bank of America, and Exigen Capital, with investments and board membership in private companies in the Fintech, Software, Services, and IT segments. He also served as an engagement manager at McKinsey & Company and held management roles at AT&T Capital, Constellation, and Accenture.
Mr. Nandagopal holds an M.S. from Penn State, an M.B.A. from the University of Bombay, and a B.S. from University of Madras. He has also completed the Securities Industry Institute Executive Development Program at the Wharton School of The University of Pennsylvania.
“Raghav brings a broad range of experience in financial services—including retirement, asset management and financial technology—to our company,” said Ascensus President and CEO Bob Guillocheau. “He has held significant leadership roles that have led to successful growth through acquisition and business development. On behalf of all of our associates, I’d like to welcome him to Ascensus.”
Mr. Nandagopal will immediately join Ascensus’ executive committee and report directly to Mr. Guillocheau.
Ascensus is the largest independent retirement and college savings services provider in the United States, helping over 7 million Americans save for the future. With more than 35 years of experience, the firm partners with financial institutions to offer tailored solutions that meet the needs of financial professionals, employers, and individuals. Ascensus specializes in recordkeeping, administrative, and program management services, supporting over 40,000 retirement plans and over 3.8 million 529 college savings accounts. It also administers more than 1.6 million IRAs and health savings accounts and is home to one of the largest ERISA consulting teams in the country. For more information about Ascensus, visit www.ascensus.com.