Yanela Frias is president of Prudential Retirement, a business unit of Prudential Financial, Inc., and a leading provider of defined contribution, defined benefit, nonqualified deferred compensation plan administration, and institutional investment and risk management services with account values in excess of $558.6 billion as of December 31, 2020.
Frias leads Prudential Retirement as it aims to transform the retirement landscape with progressive and responsive solutions for public, private and nonprofit organizations, as well as products and services to make long-term financial security a reality for millions of individuals. The business holds top market positions in defined contribution recordkeeping and administration, stable value investing, guaranteed lifetime income solutions for DC plans, and pension risk transfer and longevity reinsurance strategies.
Frias previously led the Investment and Pension Solutions business within Prudential Retirement where she was responsible for the pension risk transfer, longevity reinsurance, structured settlements and stable value businesses and related institutional product innovation efforts domestically and internationally. Prior to her role with Investment and Pension Solutions, Frias held a number of increasingly responsible roles within Prudential, including heading the Structured Settlements business and serving as chief financial officer for Prudential’s Individual Annuities and Individual Life Insurance businesses.
She is a member of World 50, a private community for C-suite level executives from globally respected organizations to share ideas, solutions and collaborative discovery for a lasting impact.
Frias received a B.S. in accounting and an MBA in finance from Rutgers University, and is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants. She serves as chair of the Prudential Retirement Insurance and Annuity Company Board of Directors.