Millennium Trust Company LLC has hired Pete Welsh as head of retirement services, the company announced.

Welsh, a retirement services industry veteran, most recently served as vice president at JarredBunch Consulting in Indianapolis, where he led the qualified plans division. Before that, he spent many years at Transamerica and then OneAmerica, where he held various leadership roles. 

Welsh holds a Bachelor of Business Administration from the University of Notre Dame’s Mendoza College of Business, and a Juris Doctor in tax and business law from Indiana University’s Robert H. McKinney School of Law. He is also a CPA.

Headquartered in Oak Brook, Ill., Millennium Trust Company has provided specialized custody solutions to institutional clients in the retirement services industry since 2000.