Great-West Financial has announced that David L. Musto has been appointed president of Great-West Investments, a newly created organization within Great-West Financial that will be the primary driver of investment and retirement income solutions for retirement savers, plan sponsors and their advisors.

In this role, Musto will report to Robert L. Reynolds, Great-West Financial president and CEO, and have responsibility for Great-West Financial subsidiaries including Great-West Funds, Inc., Great-West Capital Management, LLC and Advised Assets Group, LLC. The latter two are registered investment advisers.

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