NEW YORK, May 19, 2010 - New York Life Insurance Company announced today that it has appointed Allyson McDonald a senior vice president in its Retirement Income Security (RIS) operation, to lead relationship management for Third-Party Distribution. Ms. McDonald reports to Mike Coffey, senior vice president in charge of Third-Party Distribution.
Ms. McDonald and her team are responsible for developing and enhancing the relationships with the top third-party distribution partners who distribute both New York Life annuities and MainStay mutual funds. Additionally, she is responsible for leading New York Life's internal sales desk capability.
Prior to joining New York Life, Ms. McDonald was responsible for development and communications strategy at the Clinton Foundation. Before that, Ms. McDonald was senior vice president at Fidelity Investments in charge of sales and relationship management for their Charitable Services organization and also held positions at Goldman Sachs and Federated Investors.
Ms. McDonald holds a bachelor's degree in Economics from the College of Holy Cross.
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings from all four of the major credit rating agencies. Headquartered in New York City, New York Life's family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments** provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.
Please visit New York Life's Web site at www.newyorklife.com for more information.
*New York Life is the largest mutual life insurance company based on the Fortune 500, ranked within industries, Insurance: Life, Health (Mutual), Fortune magazine, May 3, 2010.
**New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.
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|Allyson McDonald Joins New York Life as Senior Vice President in Retirement Income Security|