T. Rowe Price Expands Leadership Team
T. Rowe Price is adding to its leadership team responsible for delivering retirement capabilities to participants.
The expanded team now includes Jessica Sclafani, CAIA, who will become head of the Retirement Strategist team; Richard Parkin, who recently joined T. Rowe Price as the head of UK Retirement; and Scott Keller, head of Americas, APAC, and EMEA Distribution, who will take on an expanded remit to include oversight of retirement strategy execution. These leaders join Dee Sawyer, head of Global Distribution, and Sébastien Page, head of Global Multi-Asset and Chief Investment Officer, in guiding enterprise retirement strategy, product development, and thought leadership for T. Rowe Price.
“For more than forty years, T. Rowe Price has been a recognized and trusted leader in the retirement industry,” said Sawyer. “We have invested in research, strengthened our global capabilities, and expanded our offerings with a clear focus on better understanding the wide-ranging needs of retirement savers. Augmenting our collaborative retirement leadership team enables us to deepen our focus on delivering the innovative solutions, actionable insights, and personalized support we believe will empower more people to achieve lasting financial well-being.”
These leadership appointments follow the planned retirement of Michael Davis, whose 34-year career has included investment banking, asset management, and retirement policy. Since joining the firm in 2016, Davis has held several leadership roles at T. Rowe Price, amplifying the firm’s voice on retirement issues and building high-performing teams across the organization.
“Michael has made a significant and lasting impact on our retirement business,” Sawyer added. “Among his most meaningful contributions have been the strong, focused teams built under his leadership. He established a foundation for our retirement strategy that will continue to shape our work. As we continue to advance our position as a global retirement provider, we remain steadfast in our commitment to driving better retirement outcomes for our clients.”
Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news. She is originally from Queens, New York, but now resides in Denver, Colorado.