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New York Life International Announces Vikram Sawhney Joins As Senior Vice President, Business Development

NEW YORK, N.Y., DECEMBER 11, 2007 – New York Life Insurance Company announced today that Vikram Sawhney has joined New York Life International (NYLI) as Senior Vice President, Business Development reporting to Executive Vice President and Chief Operating Officer, Russell Bundschuh.

Mr. Sawhney is responsible for all aspects of NYLI’s business development activities, including overseeing strategic projects, partnership development, and mergers and acquisitions for NYLI’s markets in Argentina, China, Hong Kong, India, Mexico, South Korea, Taiwan and Thailand.

Prior to joining NYLI, Mr. Sawhney spent nearly eight years with General Electric in various leadership positions in the United States and in Asia. Most recently, he served as Country Head-Business Development for GE India, helping accelerate growth opportunities for GE’s infrastructure, industrial, healthcare, and financial services businesses in India. Prior to General Electric, Mr. Sawhney served as a management consultant with A.T. Kearney, where he advised financial institutions in the United States, Canada, and Brazil on organizational effectiveness, strategic sourcing, and operational improvement engagements. Earlier, he spent three years serving investment banking clients with Bankers Trust/Deutsche Bank.

Mr. Sawhney holds an MBA degree from the University of Chicago’s Graduate School of Business, and a BA degree from Ohio Wesleyan University. He resides in New York City with his wife and two sons.

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 Investment Management LLC 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.

New York Life International offers insurance and asset accumulation products through its subsidiaries and affiliates in Argentina, China, Hong Kong, India, Mexico, South Korea, Taiwan and Thailand. Please visit New York Life’s Web site at www.newyorklife.com

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New York Life International Announces Vikram Sawhney Joins As Senior Vice President, Business Development

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