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Deals & People August 9, 2010
Kim Adds CIO to his List of Titles
New York Life Insurance Company announced that Executive Vice President John Y. Kim, 49, will add the Chief Investment Officer post to his other duties at the end of 2010.
Reported by Fred Schneyer
Vice Chairman and Chief Investment Officer Gary Wendlandt elected to retire at year-end after nearly 40 years in the industry, according to a news release.
Kim is currently president and CEO of New York Life Investments.
Kim joined New York Life in 2008 after a 25-year record with knowledge of investment management and operational skills running numerous businesses.
Prior to joining New York Life, he had been president of Prudential Retirement, where he led its defined benefit, defined contribution and guaranteed products businesses, and before that he was president of CIGNA Retirement and Investment Services.
Kim also spent 17 years with Aetna Life & Casualty, where he rose to the position of CEO and Chief Investment Officer of Aeltus Investment Management as well as CIO of Aetna Life Insurance and Annuity Company.
He is a graduate of the University of Michigan and holds an MBA degree from the University of Connecticut.