Transamerica Capital, Inc. has appointed Michael Petko as executive vice president and national sales manager for mutual funds.
In this role, Petko will head the distribution efforts for Transamerica IDEX Mutual Funds, a provider of multi-manager fund solutions for financial professionals and their clients.
“Mike brings energy and passion to Transamerica Capital, and I look forward to his leadership in helping us grow our mutual fund business,” said Lon Olejniczak, managing director and chief distribution officer at Transamerica Capital.
Petko came to Transamerica Capital from Evergreen Investments, where he was senior vice president and western division sales manager for the National Broker Dealer Channel. He previously served as regional vice president for Evergreen’s Southern California territory. He also worked in sales at Equitable/AXA and Allstate.
“My aim for the Transamerica IDEX brand is to capture a bigger part of financial professionals’ mindshare through our product innovation, disciplined investment processes and depth of expertise,” Petko said. “Our culture fosters an entrepreneurial spirit, and I specifically want to capitalize on the power of the people behind our funds. Our people are one of the strongest advantages we have in the industry.”