Voya 2014 Annual Report Download - page 15

2014
Ongoing Business Adjusted
Operating Return on Equity2
10.3%
8.3%
2014
2013
2012
KEY DEVELOPMENTS
12.1%
Achieved 2016
Adjusted Return on
Equity Target
2014 Full Year Ongoing Business Adjusted Operating Return on Equity
(Adjusted ROE)2 of 12.1% marked the early achievement of our original 2016
goal of 12–13%
Established New
Adjusted ROE Target
13–14% Ongoing Business Adjusted Operating run-rate ROE4 for
full year 2018
Strategic
Investments
$300–$350 million in incremental strategic investments planned between
2015 and 2018 to develop next generation customer experiences and solutions;
ultimately these will drive ROE expansion, increase free cash flow and further
accelerate earnings growth
Excess Capital
Generation
Raised our expected capital generation to more than $1.7 billion over the
2013–2016 period, up from $1.2 to $1.4 billion
Share
Repurchases
Repurchased $789 million of Voya Financial common stock in 2014 and
utilized an additional $600 million to repurchase shares on March 9, 2015
in connection with ING Group’s sale of its remaining stake in Voya Financial
common stock
ING Group Sales
of Voya Financial
Common Stock
ING Group reduced its ownership stake in Voya Financial from 57% at the
beginning of 2014 to approximately 19% at the end of the year, then sold its
remaining stake on March 9, 2015
Rebranded as
Voya Financial
Completed rebranding to Voya Financial, initiated advertising for our new brand
name and launched Voya Born to SaveTM program to further raise awareness
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