TIAA Names Steve Fischer as CEO of TIAA Bank and Colbert Narcisse as EVP of Wealth Management

Blake Wilson, Head of Individual Relationships, Chairman and CEO of TIAA Bank, to Retire

New York, September 16, 2019 – TIAA, a leading financial services provider, today named Steve Fischer as Chief Executive Officer of TIAA Bank and Colbert Narcisse Executive Vice President of Wealth Management following the retirement of Blake Wilson, Head of Individual Relationships, Chairman and CEO of TIAA Bank. Fischer and Narcisse will report to Lori Dickerson Fouché, Chief Executive Officer, TIAA Financial Solutions (TFS).
“In the three years since we announced the acquisition of EverBank – now TIAA Bank – we have successfully integrated the bank into the organization and have extended the array of banking services we offer to our participants, customers and institutions,” said Fouché. “Over this time, Blake has been a tireless advocate for customers, developed innovative solutions, and delivered strong business results. We thank Blake for his service, and wish him the best in the next phase of his life.”
Fischer, who was previously President and Chief Operating Officer of TIAA Bank, is a veteran of the banking and financial services industry. He joined TIAA Bank in 2011 as Executive Vice President and Chief Financial Officer. Prior to that, he was a partner at Deloitte.
“We’re fortunate to have Steve stepping into this leadership role, with his extensive industry experience, track record of success with our bank, and deep commitment to our customers,” added Fouché.
Narcisse, who joined TIAA in July as Senior Managing Director and Head of Wealth Management, will continue to lead an integrated team charged with delivering differentiated products and services and personalized financial advice to TIAA customers. Prior to joining TIAA, Narcisse served as Managing Director and the Head of International Wealth Management at Morgan Stanley.
“Reflecting the key role that our advisory capabilities play in helping provide superior financial outcomes for customers, Colbert and his team will continue to work across TFS to ensure our advice delivery model meets our customers’ growing and changing needs,” said Fouché.
Following the acquisition and integration of TIAA Bank, Blake Wilson has decided now is the right time to move to a new phase in his life, and he will retire from the company at the end of the year. Blake will remain with TIAA in an advisory capacity through the end of the year and work closely with the team to ensure a smooth transition for customers and associates.

About TIAA

With an award-winning1 track record for consistent investment performance, TIAA (TIAA.org) is the leading provider of financial services in the academic, research, medical, cultural and government fields. TIAA has $1 trillion in assets under management (as of 6/30/20192) and offers a wide range of financial solutions, including investing, banking, advice and education, and retirement services.

About TIAA Bank

As a part of TIAA’s Retail Financial Services business, TIAA Bank, a division of TIAA, FSB, provides full-service banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online and its Florida-based financial centers. More information on TIAA Bank can be found at TIAABank.com.

Press contact

TIAA Media Relations
888-200-4062
media@tiaa.org
1 The Lipper Mixed-Assets Large Fund Award is given to the group with the lowest average decile ranking of three years’ Consistent Return for eligible funds over the three-year period ended 11/30/15 (against 39 fund families), 11/30/16 (36), 11/30/17 (35) and 11/30/18 (35). Note this award pertains to mixed-assets mutual funds within the TIAA-CREF group of mutual funds; other funds distributed by Nuveen Securities were not included. From Thomson Reuters Lipper Awards, © 2019 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited. Certain funds have fee waivers in effect. Without such waivers ratings could be lower. Past performance does not guarantee future results. For current performance, rankings and prospectuses, please visit the Research and Performance section on TIAA.org. The investment advisory services, strategies and expertise of TIAA Investments, a division of Nuveen, are provided by Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC. TIAA-CREF Individual & Institutional Services, LLC, and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products.
2 Based on $1.1 trillion of assets under management across Nuveen Investments affiliates and TIAA investment management teams as of 6/30/19.
Guarantees are subject to the claims-paying ability of the issuing company.
Advisory services provided by Advice & Planning Services, a division of TIAA-CREF Individual & Institutional Services, LLC, a registered investment adviser.
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