Voya Financial Announces Arizona Expansion with Phoenix Area Location
PHOENIX, AZ (November 1, 2018) — Voya Financial, Inc. (NYSE: VOYA), announced today it will open a new office in the metro Phoenix, Arizona area and bring more than 1,000 jobs to the Phoenix area. The new location will be in addition to Voya’s existing Scottsdale office at 7337 E. Doubletree Ranch Road, where approximately 200 employees from the company’s Investment Management business are already based.
Joining Voya executives for the announcement were Arizona Governor Doug Ducey and leaders from the Arizona Commerce Authority and Greater Phoenix Economic Council. The new facility will include call center, back-office, customer support operations and functions for the company’s retirement, employee benefits and Individual Life businesses, as well as roles within human resources, IT, and business support.
“Phoenix’s prime geographic location, coupled with Arizona’s skilled workforce and business-friendly environment, provides the essential resources for future growth and success,” said Rodney O. Martin Jr., Chairman and CEO, Voya Financial. “Expanding in the Phoenix area will enable us to provide greater service to our customers across time zones.”
Voya has secured a temporary site that is scheduled to open in January 2019. The company is identifying a permanent site, with plans to open that site in mid-2020.
“Arizona welcomes Voya’s expansion and continued investments in our state with over 1,000 new jobs,” said Arizona Governor Doug Ducey. “In addition to investing in our community with new employment opportunities, Voya will also have a positive impact through its support of several charitable causes.”
“Arizona’s business and financial services sector experienced a greater increase in hiring than anywhere else in the nation last year,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “Arizona’s concentration of jobs in this industry - the second highest in the nation - combined with a steady talent pipeline, strategic geographic location and pro-business environment continue to be a winning combination for companies like Voya Financial seeking the ideal location to enhance their success. We thank Voya for its commitment to Arizona!”
Voya’s commitment to the communities where its employees and clients live and work is a cornerstone of the company’s culture. Voya will build on the strong foundation of community support established in Scottsdale and extend that commitment to the metro Phoenix area. Voya was named by azcentral.com as a Best Place to Work for the past two years and was also recently recognized by Forbes Magazine as one the World’s Best Employers, ranking 194th on the list of 500 companies.
"Greater Phoenix has become a leading U.S. market for operational nerve centers within finance and insurance businesses,” says Chris Camacho, President and CEO of Greater Phoenix Economic Council. “Voya Financial’s expansion speaks to the region’s depth and credibility to meet the needs of enterprises as they look to expand these critical business units. We’re excited about their continued growth in the region and look forward to their ongoing success."
Connie Weber, Arizona Commerce Authority, ConnieW@azcommerce.com
About the Arizona Commerce Authority
The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy. The ACA uses a three-pronged approach to advance the overall economy: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries. For more information, please visit azcommerce.com and follow the ACA on Twitter at @azcommerce.
About Voya Financial®
Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 14.3 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $8.6 billion in revenue in 2017. The company had $543 billion in total assets under management and administration as of Sept. 30, 2018. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2018 World’s Most Ethical Companies® by the Ethisphere Institute, one of the 2018 World’s Most Admired Companies by Fortune magazine and one of the Top Green Companies in the U.S. by Newsweek magazine. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.