Jackson Financial Names Chris Raub President and CEO of PPM America

JXN
April 10, 2026

Jackson Financial Inc. announced on April 9 2026 that Chris Raub will become President and Chief Executive Officer of PPM America, Inc., the company’s wholly‑owned investment‑management subsidiary. The appointment places Raub in charge of PPM’s executive leadership team and the management of Jackson’s general‑account assets, underscoring the parent company’s focus on capital‑efficient investment strategies.

Raub brings 27 years of experience at Jackson, having served as President of Jackson National Life Insurance Company and as Chief Risk Officer. His long tenure and deep knowledge of the firm’s investment platform signal continuity and an intent to leverage internal expertise to drive performance at PPM America.

PPM America manages $93.73 billion of assets as of December 31 2025, up from $74.4 billion a year earlier. The growth reflects both an expansion of Jackson’s general‑account business and increased third‑party AUM. Management noted that Raub’s leadership will focus on delivering strong investment performance and client service, positioning the subsidiary to support Jackson’s broader strategy of disciplined capital deployment.

Jackson’s CEO, Laura Prieskorn, said the appointment is “a natural and well‑deserved progression” and that Raub’s experience will help “position the firm for continued growth in an evolving investment landscape.” The move coincides with Prieskorn’s return to the presidency of Jackson National Life Insurance Company, aligning leadership across the insurance and asset‑management platforms. The company also recently secured a $500 million equity investment from TPG, a partnership that is expected to enhance investment capabilities and profitability.

The appointment signals Jackson’s intent to strengthen its core investment platform and reinforce confidence in its asset‑management operations. By placing a seasoned internal leader at the helm of PPM America, Jackson aims to sustain its capital‑efficient strategy while pursuing growth opportunities in both its general‑account and third‑party businesses.

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