Equitable Holdings names Nick Chan head of M&A

Equitable Holdings Inc. (NYSE: EQH) appointed Nick Chan as head of mergers and acquisitions, the financial services company said in a statement.

Chan will report to Chief Financial Officer Robin M. Raju and join Equitable's Operating Committee. In his new role, Chan will lead the company's M&A strategy and continue overseeing Equitable's Business CFO function.

Chan joined Equitable in 2021 and previously served as Corporate CFO and Head of Strategic Transactions. He led Equitable's individual life reinsurance transaction with RGA, which the company said unlocked more than $2 billion of value. Before joining Equitable, Chan worked at Oliver Wyman for more than a decade, advising insurers on strategy and M&A.

"Nick is a proven finance leader and asset to Equitable, who has played a pivotal role in a number of our strategic growth milestones since joining us five years ago," Raju said in the statement.

Chan holds master's and bachelor's degrees in aeronautics and astronautics from Massachusetts Institute of Technology and is a CFA charterholder.

Equitable Holdings operates through subsidiaries including Equitable, AllianceBernstein and Equitable Advisors. The company manages more than $1 trillion in assets under management and administration and serves more than 5 million client relationships globally.

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