William Huffman has been named as chief executive officer of Nuveen, the investment manager of TIAA.
Huffman (pictured) was previously president of Nuveen Asset Management as well as head of equities and fixed income. He succeeds former CEO Jose Minaya.
As CEO, he will oversee $1.2trn in assets across equities, fixed income, municipal bonds, multi-asset, private capital and C-PACE financing.
He will also chair Nuveen’s executive leadership team and serve as a member of TIAA’s executive committee.
Huffman played a significant role in growing the firm’s assets under management from $800bn to $1.2trn when TIAA acquired Nuveen in 2014, the company said in a statement.
“Bill’s constant dedication to the best interests of clients and the advancement of the firm’s strategy have had a transformative impact on Nuveen’s business and culture, driving growth and innovation over the last 16 years,” said Thasunda Brown Duckett, CEO of TIAA.
Prior to joining Nuveen in 2008, Huffman was CEO of Northern Trust Global Investments Limited for 17 years.
