Nationwide Financial appoints Tariq Khan to lead diverse market efforts

(December 6, 2005) Nationwide Financial Network (NFN), the affiliated distribution organization for Nationwide Financial Services, Inc., has named Tariq Khan as vice president for market development and diversity. In this newly created position, Khan will be responsible for strategically growing the NFN sales force to enhance its outreach to targeted diverse markets.
 
Khan has more than 15 years experience in developing and supporting large and diverse sales forces and helping financial services companies target emerging markets. He was most recently with Guardian Life Insurance Company of America. Before that he was vice president for MetLife, Inc., where he was responsible for marketing, advertising and recruiting activities for all diverse segments, including Hispanic, African-American and Asian markets.

"Tariq's extensive experience and his successful track record in building business with diverse market segments will be tremendously valuable to our organization," said Clay Thompson, president, Nationwide Financial Network. "His knowledge of the insurance and financial services industry, coupled with his vast understanding of the changing population in America, makes him an exceptional addition to the company."

Khan earned his bachelor's degree in international marketing/advertising from Baruch College, New York, and his MBA in marketing and management from St. John's University, New York. Khan has been a frequent speaker at many industry conferences on marketing and diversity. He serves on the board of directors for the Asian & Pacific Islander American Scholarship Fund (APIASF), the only national organization devoted solely to the financial scholarship needs of Asian and Pacific Islander American students.

 Nationwide Financial Services, Inc. a publicly traded company based in Columbus, Ohio, provides a variety of financial services that help consumers invest(i) and protect their long-term assets, and offers retirement plans and services through both public- and private-sector employers. It's part of the Nationwide® group of companies, which offers diversified insurance and financial services. The group is led by Nationwide Mutual Insurance Company, which is ranked No. 99 on the Fortune 500 based on 2004 revenue.


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Latest 'Buying Power' report shows black consumers spending more on home life

As the American economy continues to move sluggishly, African-American households are curtailing their spending in many categories, including food, clothing and basic household items, while investing more in home repair, home entertainment and consumer electronics. Although they are trimming back, black consumers are still spending more than their white counterparts on most of these products.

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