WASHINGTON, D.C. – The Insured Retirement Institute (IRI) today announced that Nick Lane, Senior Executive Director and Head of U.S. Life and Retirement for AXA, has been elected to serve a full term as Chairman of the IRI Board of Directors. He had been serving in the post since July, and had previously served as Vice Chairman and as a member of Executive Committee. IRI also announced the election and re-election of Board members, as well as the election of officers and Executive Committee members.
Board members elected to serve three-year terms expiring in 2018 are: Wayne Chopus, Senior Vice President, Strategic Relationship Management, Sales Strategy, Business Intelligence and Sales Operations, Prudential Annuities; Carolyn Johnson, President, Annuities and Tax Exempt Markets, Voya Financial; Jim Kwok, Managing Director, Head of Subadvisory, J.P. Morgan Asset Management; Robert Moore, CEO, Legal & General Investment Management America (LGIMA); William Morrissey, Managing Director and Divisional President, Independent Advisor Services, LPL Financial; and Jerry Patterson, Senior Vice President, Retirement and Investor Services, Principal Financial Group. Ms. Johnson and Messrs. Kwok, Moore, Morrissey, and Patterson had been serving on the Board by interim appointment.
Board members elected to fill unexpired terms expiring in 2016 are: Jeff Miller, Managing Director, Head of Wealth Management Advice and Platforms, UBS Financial Services Inc.; James Mullery, Managing Director, Head of Separately Managed Accounts, BlackRock; and Lorna Sabbia, Managing Director, Head of Retirement and Personal Wealth Solutions, Bank of America Merrill Lynch. Board members elected to fill unexpired terms expiring in 2017 are: Michael Cogswell, Senior Vice President, Product Manager - Retirement Solutions, PIMCO; Scott Couto, President, Fidelity Financial Advisor Solutions; and David Giertz, President, Nationwide Financial Services Distributors.
Board Member re-elected to serve three-year terms expiring in 2018 are: David Cruz, Head of Institutional Annuities, New York Life Insurance Company; Robert DeChellis, President, Allianz Life Financial Services LLC; Lynne Ford, Executive Vice President, Distribution, Calvert Investments Inc.; Elizabeth Forget, Executive Vice President, MetLife Retail Retirement and Wealth Solutions; AXA’s Nick Lane; and William Lowe, President, Sammons Retirement Solutions.
IRI also announced the election of three Board members to serve as officers. William Benjamin, CEO, U.S. Bancorp Investments Inc., was elected Vice Chairman; Robert Moore of LGIMA was elected Past Chairman; and Benjamin Huneke, Managing Director, Head of Alternative Investments, Morgan Stanley Wealth Management, was elected Treasurer/Secretary. Joining them on the IRI Executive Committee as at-large members are: Robert DeChellis of Allianz Life Financial Services LLC; Paula Nelson, Managing Director, Global Atlantic Financial Group, Head of Annuity Distribution, Forethought Distributors LLC; and John Papadopulos, President, Wells Fargo Retirement, Wells Fargo & Company.
Statement from Nick Lane: It’s an honor to have the opportunity to continue to serve the Insured Retirement Institute as Chairman of the Board. As we reach a pivotal juncture for both our industry and our organization, we are exceptionally well-positioned to meet the challenges of the day and emerge as a stronger, more influential advocate for retirement income. We are fortunate to have tremendous resources – through the engagement of talented committee members representing a broad swath of the industry – who will be instrumental in taking our organization to the next level and working toward achieving our mission. I truly believe they will supply the expertise and ingenuity needed, as we strengthen our affinity with financial professionals, deepen our influence on advocacy issues, and broadly promote the need for comprehensive retirement planning throughout the United States.
About the Insured Retirement Institute: The Insured Retirement Institute (IRI) is the leading association for the retirement income industry. IRI proudly leads a national consumer coalition of more than 30 organizations, and is the only association that represents the entire supply chain of insured retirement strategies. IRI members are the major insurers, asset managers, broker-dealers/distributors, and 150,000 financial professionals. As a not-for-profit organization, IRI provides an objective forum for communication and education, and advocates for the sustainable retirement solutions Americans need to help achieve a secure and dignified retirement. Learn more at www.irionline.org.
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