Top 30 Insurance Chief Investment Officers
Insurance firms are often recognized for their massive $10+ trillion pool of capital and consistent cash flows. Historically, banks have been at the heart of middle market lending but times have changed since the passing of the Dodd-Frank, causing banks to pull back and insurance firms to step in. Insurance firms are expected to play a significant role in the markets over the next decades. It takes forward-thinking leaders to strategically leverage the investment opportunities in the private credit space. Presenting Trusted Insight's 2018 Top 30 Insurance Chief Investment Officers:
Scott Sleyster has been the senior vice president and chief investment officer at Prudential Financial since 2007. He is responsible for asset/liability management, portfolio construction and investment strategy for Prudential’s international and domestic business operations. Since joining Prudential in 1987, he held a variety of leadership positions and has made significant contributions. Sleyster holds an MBA in finance from Northwestern University, Kellogg School of Mangement and a B.S. in business administration from the University of Missouri. He also holds the Chartered Financial Analyst designation and is a member of The New York Society of Security Analysts, Inc.
Thomas Sorell is executive vice president, chief investment officer of Guardian Life Insurance, where he oversees the firm’s investment policy and strategies for more than $65 billion in assets. He is also the director of Lowe Enterprises Investment Management, a national real estate investment services and fund management company. Prior to his current role, he served as a senior managing director, head of Guardian’s Fixed Income Department and co-portfolio manager of Guardian-sponsored fixed income funds. Sorell holds an MBA from New York University and a bachelor’s degree from Colgate University.
Bill Cody has been the chief investment officer at Progressive since 2003, where he oversees the investment portfolio and managing the firm’s investment strategy. He joined Progressive in 1996, and has held various leadership positions. He is specialized in administering varies products at Progressive such as their corporate bond, residential mortgage, preferred stock, and municipal bond portfolios. Cody holds an MBA from Columbia University and a BSc in chemical engineering from the State University of New York-Buffalo.
Christopher Graham is the chief investment officer at Nationwide Mutual Funds, where he oversees the $67 billion mutual fund complex. Before becoming CIO, he served as a portfolio manager at Nationwide Insurance for nearly 12 years. Prior to that, he was a private wealth advisor for Salomon Smith Barney. Graham holds an MBA in finance from the Wharton School and a B.S. in finance from Hampton University.
Jean LaTorre is the chief investment officer and corporate economist of Aetna Inc., where she oversees a $26 billion diversified investment portfolio. She also manages Aetna’s Large Case Pension business and Aetna’s $13 billion of retirement assets. She joined Aetna in 1991, and started off as an investment officer providing credit analysis for portfolio managers of Aetna and its subsidiaries. LaTorre holds an MBA in finance from The Stern School of Business at New York University and a B.S. in business administration and english from the State University of New York at Albany. She also holds a Chartered Financial Analyst designation.
Steven Goulart has been the chief investment officer and executive vice president at Metlife Investors USA Insurance Company since 2011. Previously, he served as the chief executive officer, president and chief investment officer, treasurer and senior managing director of Metlife Investment Management, LLC. Prior to Metlife, he was a senior managing director in Bear Sterns’ financial institutions group and co-head of the organization’s insurance practice. Goulart holds an MBA from Harvard Business School and a B.S. in business administration from the University of Pacific.
Eric Kirsch joined Aflac in November 2011 as the first senior vice president and global chief investment officer, and was promoted to executive vice president in July 2012. In January of 2018 Eric was appointed President of Aflac Global Investments. In his role, he oversees Aflac’s $100 billion-plus investment portfolio and investment teams based in New York and Tokyo. Prior to joining Aflac, he served as managing director and global head of insurance asset management at Goldman Sachs Asset Management. Prior to that, he served as managing director and global head of insurance asset management at Deutsche Asset Management and held various leadership roles in Fixed Income at Bankers Trust Company.
Kjeti Houg has served as the chief investment officer of Oslo Pensjonsforsikring since 2007. He has also served as the chairman of the board of multiple firms, including Aberdeen Norge, Lørenskog kommune and Pareto Eiendomsfellesskap AS. Previously, he served as the Nordic chief economist at Alfred Berg for more than 6 years. Houg holds a bachelor's degree in economics from Oslo University.
Jim Weishan is the chief investment officer and executive vice president of Sentry Insurance. He also serves as the president and director at Sentry Investment Management, L.L.C. He previously worked in investments at GE Financial Assurance, First Colony Life Insurance and Provident Life and Accident Insurance Company. Weishan holds an MBA from Western Michigan University and a bachelor's degree from Ripon College.
Jamey Sharpe is the managing director of investments and chief executive officer at Blue Cross and Blue Shield Association. Sharpe has been with Blue Cross Blue Shield for more than 27 years.
Jorge Espinoza Bravo is the chief investment officer at Companias de Confuturo and CorpSeguros, the second largest insurance copany in the Chilean market. Previously, he was the portfolio manager at the International Netherland Group (ING) for about three years. Bravo holds an MBA and a bachelor's degree in business administration from the Pontificia Universidad Catolica de Chile.
Tim Corbett has been the chief investment officer and executive vice president of Massachusetts Mutual Life Insurance Company since 2011. Prior to MassMutual, he served as the head of the pension funds management division and chief investment officer at the Connecticut State Retirement and Trust Funds. He has also served as the head of fixed income at McMorgan & Company LLC of San Francisco and as the managing director and head of asset management at the Hartford Investment Management Company. Corbett holds a B.S. from the University of North Carolina at Chapel Hill. Corbett holds a Chartered Financial Analyst designation and is a fellow of the Society of Actuaries.
Ronald Joelson has served as the chief investment officer of the Northwestern Mutual Life Insurance Company since 2012. At Northwestrn, he oversees the firm’s $215 billion general account portfolio consisting primarily of public and private fixed income, public and private equity, real estate and commercial mortgage loans. Previously, he served as the CIO at Genwoth Financial for four years, where he was responsible for the firm's $75 billion portfolio.
Victor Lang has been the chief investment officer at Skandinaviska Enskilda Banken (SEB) since 2008. He is responsible for investing capital from top-tier third party institutions, source proprietary investment opportunities, execute on transactions, and strategically and operationally improve companies. He sits on a number of boards, such as Accedo.tv, iZettle, and Norvatek. Lang holds an MBA from University of California, Berkeley and an MSc in industrial management and engineering from Lund University.
Neeti Bhalla is the executive vice president and chief investment officer at Liberty Mutual Insurance. Reporting to the company’s chief executive officer, she is responsible for managing the company’s invested assets. Since joining Liberty Mutual, she has held various leadership positions such as the head of investment strategy and risk and as the deputy chief investment officer. Neeti was a Rhodes Scholar at Oxford University, where she earned an MBA and MSc in social anthropology. She also has a B.A. in economics from Kenyatta University in Nairobi, Kenya.
Frank Sataline has served as the chairman, president & chief investment officer at Cigna Investment Management since 2012. Cigna Investment Management is an investment advisory based in Bloomfield, Connecticut. The firm operates as an investment arm of Cigna Corporation, providing asset management services for Cigna businesses and employee benefit plans.
Mikko Mursula is the chief investment officer at Ilmarinen Mutual Pension Insurance Company, a Finland-based employment pension company. Prior to Ilmarinen, he was the chief executive officer at FIM Group and managing director at FIM Asset Management. He joined Ilmarinen in 2000, and started off as a portfolio manager of equities. Mursula holds an M.Sc. degree from the Helsinki School of Economics.
Brion Johnson is the chief investment officer of The Hartford and president of its asset management subsidiary, Hartford Investment Management Company and Talcott Resolution. Previously, Johnson was Hartford Investment Management Company's chief financial officer and head of strategy and development. Prior to joining The Hartford, Johnson served as executive vice president and head of portfolio management for PPM America, where he built and led an investment team responsible for client relationships, portfolio management, quantitative and risk management and trade execution. Johnson holds an MBA in finance and accounting from the University of Chicago's Booth School of Business and a B.A. in economics from the University of Michigan. He also holds a Chartered Financial Analyst designation.
David Graham is the chief investment officer at American Family Insurance, where he is responsible for all aspects of development and management of company's aspects and strategies. Prior to American Family Insurance, David was the Head of Asset Allocation, at PartnerRe Asset Management and Director of Head of Fixed Income Strategies at Lazard Asset Management. Earlier in his career, David was Portfolio Manager at Prudential Investments, Alliance Capital Management, and Metlife. David has an MBA and Bachelor's in Finance from Indiana University Bloomington.
Anthony Malloy is the chief investment officer at New York Life Insurance, the United States’ largest mutual life insurance company. He is responsible for all of that assets that back the company’s guarantees and investments. He joined New York Life Insurance in 1999 and has held a variety of leadership positions such as the chief executive officer, head of fixed income and senior managing director. Malloy holds an MBA from NYU Stern School of Business and a B.A. in English and economics from Middlebury College.
Linc Walworth has been the vice president of investments at CSAA Insurance Group since 2004. At CSAA Insurance Group, he is responsible for the investment management of three portfolios: insurance general account, defined benefit and defined contribution totaling to $7 billion. Previously, he served as the VP Financial Services McKesson Corporation. He has over 25 years experience in developing and managing teams to solve investment and corporate financial problems. Walworth holds an MBA in international finance from University of California, Berkeley.
Urban Angehrn serves as the chief investment officer and a member of the executive committee of the Zurich Insurance Company. He has worked with the Zurich Insurance Company in investment management roles since 2007. Previously, he was an investment director in the derivatives marketing pepartment at Credit Suisse. He also served as vice president of derivatives marketing at JPMorgan for five years. Angehrn holds a PhD in mathematics from Harvard University.
John Rosenthal is the executive vice president and chief investment officer at Brighthouse Financial, Inc. where he is responsible for the overall management of Brighthouse Financial’s investment portfolio. Prior to Brighthouse Financial, he was the EVP and head of global portfolio management at MetLife Investments, where he was for over 32 years. Rosenthal holds a master's degree in business administration from Cornell University and a bachelor's degree in economics from Franklin & Marshall College.
David Tremblay is the chief investment officer and deputy senior vice president at Intact Financial Corporation, largest provider of property and casualty insurance in Canada. He joined Intact in 2001 and has held several leadership positions including deputy CIO, vice president and portfolio manager. Tremblay holds a master's degree and BAA in finance from the Université de Sherbrooke.
Carl Thigpen is the executive vice president and chief investment officer of Protective Life Corporation. Thigpen joined Protective in 1984, and has held senior positions such as senior vice president for investments and chief mortgage and real estate officer. Thigpen serves on the boards of Media General, Inc. and the Parkinson’s Association of Alabama, as well as on the Salvation Army Advisory Board. Moreover, he serves on the endowment boards of McWane Science Center and the Alabama Symphony Orchestra. Thigpen holds an MBA from Samford University and a bachelor's degree from Auburn University. He also holda a Chartered Financial Analyst designation.
Reima Rytsölä has served as the chief investment officer at Varma Mutual Pension Insurance Company since 2014. Prior to Varma, Rytsölä was the senior executive vice president at Pohjola Bank for nearly six years, where he was responsible for Alternative Investments for Oko Bank Group. Rytsölä holds a master's degree in economics from Helsingin Yliopisto University and participated in the Advanced Management Program at Harvard Business School.
John Dugenske is the chief investment officer at Allstate. Prior to joining Allstate, he served as group managing director and global head of fixed income at UBS Asset Management. In this role, he oversaw more than $200 billion in assets across Chicago, New York, London, Zurich, Tokyo, Singapore and Frankfurt,and managed a global team of 175 people and served on the UBS Asset Management Executive Committee. John earned his MBA, master's degrees and bachelor's in mechanical engineering from the University of Illinois at Urbana-Champaign. He also holds a Chartered Financial Analyst designation.
© 2019 Trusted Insight