TIAA-CREF, the US financial services group and provider of retirement services to academics, has appointed Dale Keyser as president of the TIAA-CREF Trust Company.

The TIAA-CREF Trust provides investment management and administrative services to high net worth individuals, institutions and non-profit organisations.

Mr Keyser joins from JPMorgan Chase Bank, where he spent managed the company's Personal Trust and Wealth Management business. Most recently he served as Market Director for JPMorgan Chase Private Client Services in upstate New York.

Headquartered in New York City, TIAA-CREF has major offices in Charlotte and Denver and more than $406 billion in combined assets under management at the end of 2006.