NEW YORK — The National Association for Female Executives (NAFE), the nation's largest businesswomen's association, announced today that New York Life Insurance Company has become a Corporate Sponsor of NAFE. By receiving this designation, New York Life is recognized by NAFE as a company that is committed to the success of women in the workplace. New York Life is also noted by NAFE as an organization with leaders who are knowledgeable about attracting, recruiting, and retaining qualified female employees. In addition, New York Life is identified by NAFE as a firm that conducts equitable business relationships with women consumers and employees.

"New York Life is a company that recognizes the contributions and accomplishments that women make to the workplace," said Melissa Wahl, Executive Director of NAFE. "We are delighted that they are a corporate sponsor of our organization."

"New York Life is deeply committed to the professional development of women in our workplace," said Angela Coleman, vice president of Human Resources, New York Life. "Our sponsorship of NAFE reinforces that New York Life is a company that values and encourages women to succeed and it will enable us to do even more to support the women who work here."

New York Life Insurance Company, a Fortune 100 company, is the largest mutual life insurance company in the United States. The company's Life and Annuity business sells a full array of products including individual, bank- and corporate-owned life insurance, as well as a variety of immediate and deferred, variable and fixed annuities. Founded in 1845 and headquartered in New York City, New York Life and its affiliates offer life insurance, annuities and long term care insurance. Through New York Life Investment Management, New York Life?s affiliates provide institutional asset management, retirement plan and trust services and an array of securities products and services such as institutional and retail mutual funds.

The National Association for Female Executives (NAFE), the largest women's professional association and the largest women business owners association, was founded in 1972 and has 125,000 members and 200 networks nationwide. NAFE provides resources and services through education, networking and public advocacy to empower its members to achieve career success and financial security.

Contacts:

Karen Finkston Payes
New York Life
(212) 576-5624

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