New York Life Investment Management CEO Yie-Hsin Hung has been named to American Banker’s Most Powerful Women in Finance list for the fifth consecutive year. She has also been named to the inaugural Forbes 50 Over 50: Investment list, which recognizes “female leaders who are shaping the future of finance, fueling high-growth businesses, and forging a more innovative and inclusive financial future.”
“We are thrilled to see Yie-Hsin rightfully earn these fitting accolades for her many accomplishments and the tremendous impact she has had on the asset management industry,” said Chairman and CEO Ted Mathas and President Craig DeSanto in a note to NYLIM employees. “Since becoming CEO of NYLIM in 2015, Yie-Hsin’s leadership and drive have been instrumental in growing our Investments business through a combination of geographic expansion, organic initiatives, and acquisitions. In fact, NYLIM’s assets under management have nearly quadrupled since she joined NYLIM in 2010. Yie-Hsin also should be recognized for bringing her passion for advancing diversity, equity, and inclusion to the company and our broader communities.”
New ICI chair
Yie-Hsin Hung was also recently elected chair of the Investment Company Institute (ICI), the leading association working on behalf of 32,000 regulated funds worldwide and the more than 100 million investors they serve. You can read ICI’s press release here.
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