Leadership

Investments Group

Leadership

Christopher O. Blunt – President, Investments Group

Chris Blunt is the President of the Investments Group of New York Life, which includes NYL Investors, New York Life Investment Management (NYLIM), Retail Annuities, Institutional Annuities, and Seguros Monterrey New York Life Mexico. He was appointed to New York Life’s Executive Management Committee in September 2007.

Mr. Blunt joined the company in 2004 as Executive Vice President at New York Life Investment Management and was responsible for setting and executing New York Life Investment Management’s Retail Investments strategy, with particular emphasis on growing New York Life Investment Management’s sales of mutual funds and separate account wrap through all of its distribution partners. In March 2007 he was elected Senior Vice President and Chief Operating Officer for Life and Annuity and in 2008 was appointed Executive Vice President in charge of Retirement Income Security (RIS). Prior to his current role and starting in February 2012, he served as Co-President of the Insurance and Agency Group of New York Life Insurance Company, which encompassed the company’s U.S. Life Operations, Seguros Monterrey New York Life Mexico, and AARP Operations.

Prior to joining New York Life Investment Management, Mr. Blunt was Chairman and Chief Executive Officer of GivingCapital, Inc., a wealth management solutions provider serving the financial institutions marketplace, and before that spent 14 years in a variety of senior marketing and distribution roles in the investment management industry. Mr. Blunt was the Chief Marketing Officer – Americas, for Merrill Lynch Investment Managers, and President of Mercury Funds Distributors. Before working with Merrill Lynch, he was a Managing Director with Goldman Sachs & Co., and the National Sales Manager for Goldman Sachs Funds.

Mr. Blunt holds FINRA Series 7 and 24 registrations.

Education

Mr. Blunt earned a BA in History from the University of Michigan and an M.B.A. in Finance from The Wharton School.

 

Senior Leadership Team

  • Sara L. Badler – Chief Investments Counsel

    Sara Badler is responsible for all legal work for the Investments Group. This encompasses NYL Investors LLC, Annuities, and New York Life Investment Management LLC (NYLIM) – including Institutional and MainStay Funds. She also has oversight over the legal functions at the investment boutiques. Ms. Badler has more than 25 years of industry experience.

    Ms. Badler was with New York Life Insurance Company from 1994 to 1999 and rejoined the company in 2004. She held positions of increasing responsibility in the Office of General Counsel prior to assuming her current position.

    Previously, Ms. Badler was with Morgan Stanley and Van Kampen Investments. During her two years at Morgan Stanley, she was Executive Director responsible for all legal work for U.S. equity mutual funds. During her time at Van Kampen Investments, she was promoted to the role of General Counsel and was responsible for all legal and compliance work for the firm’s business which included open-end funds, closed-end funds, and unit investment trusts. Earlier in her career, Ms. Badler worked for Oppenheimer Funds and Damson Oil Corporation, a syndicator of limited partnerships.

    Education

    Ms. Badler received a A.B. degree from Cornell University, a Master of Science degree from Bank Street College of Education and a Juris Doctor from Fordham University School of Law.


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  • David G. Bedard – Chief Financial Officer

    David Bedard is the Chief Financial Officer of New York Life’s Investments Group and reports to John Kim, Vice Chairman of New York Life Insurance Company. Mr. Bedard is responsible for all the finance functions for the Investments Group, as well as Strategic Technology Investments, Mergers & Acquisitions, and Risk Management.

    Mr. Bedard re-joined the company in 2013 having previously worked at New York Life from 2007-2010 - first as CFO for New York Life Investments and subsequently for the U.S. Life Insurance and Agency division. Most recently, he was the President of the Annuities Business for ING U.S. His prior experience includes positions with The Hartford Financial Services Group, including as Head of the Global Annuities Runoff Organization and as CFO for the U.S. Wealth Management Group, and positions with Massachusetts Mutual Life Insurance Company and Coopers & Lybrand LLP, where he was a partner.

    Education

    Mr. Bedard holds a BS in Business Administration with a major in accounting from Nichols College and currently serves as a member of its Board of Trustees.


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  • David Cruz – Head of Retail Annuities

    David Cruz is responsible for leading New York Life’s Retail Annuities business, which had sales of $10.8 billion in 2014. In this capacity, Mr. Cruz is accountable for all aspects of the annuity business which includes product, marketing, distribution, service, and technology, reporting to the Vice Chairman of New York Life (NYL).

    Prior, Mr. Cruz was Managing Director of NYL’s Investments Group Strategy. This role entailed supporting strategic initiatives across the Investments Group, working with all four business areas: Mutual Funds, Institutional Investments, Retail Annuities, and Institutional Annuities.

    Mr. Cruz joined NYL in 1994 and has held roles of increasing responsibility including product development, product management, and relationship management for the Guaranteed Products business. He was also instrumental in developing NYL’s presence in the stable value wrap marketplace. Additionally, he led the company’s membership into the Federal Home Loan Bank of New York.

    Mr. Cruz is a CFA® charterholder.

    Education

    Mr. Cruz earned his B.S. from Villanova University with a major in mathematics and minor in economics. He obtained his MBA from William Paterson University.


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  • Allan Dowiak – Head of Human Resources

    Allan Dowiak is in charge of all Human Resource efforts of the New York Life Investments Group and the company's Technology organization. In this role, his responsibilities include Employee Relations, Training, Organizational Development, Compensation, and Diversity initiatives. Mr. Dowiak has more than 12 years of industry experience and has been in the Human Resources profession for over 30 years.

    Prior to joining the firm in 2002, Mr. Dowiak spent 18 years in various Human Resource positions at Automatic Data Processing, Inc. He performed in regional, divisional, and corporate staff roles of increasing responsibility, ultimately serving as Vice President, Human Resources at ADP.

    Education

    Mr. Dowiak received his BA from Rutgers University.


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  • Stephen Fisher – President of New York Life Investment Management LLC

    Stephen Fisher is the President of New York Life Investment Management LLC (NYLIM). He also serves as President of the MainStay Funds and Chief Marketing Officer for the New York Life Investments Group. Mr. Fisher is responsible for overseeing the MainStay Funds - including product development, portfolio analytics and risk oversight, administration, broker/dealer and shareholder services, marketing, creative/digital services, and Third Party Distribution.

    Prior to joining the firm in 2003, Mr. Fisher was responsible for marketing and product management for UBS Global Asset Management as a Managing Director. Previously, he held senior executive positions in marketing and product development at both Morningstar, Inc. and Prudential Investments. Mr. Fisher has over 25 years of industry experience.

    Mr. Fisher holds FINRA Series 7, 24, and 63 registrations.

    Education

    Mr. Fisher holds a BA in Economics from the University of Pennsylvania and received his MSc. in Economics from the London School of Economics.


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  • Yie-Hsin Hung – Chief Executive Officer of New York Life Investment Management LLC

    Yie-Hsin Hung is Chief Executive Officer (CEO) of New York Life Investment Management LLC (NYLIM) overseeing the company's nearly $300 billion (as of 03.31.15) multi-boutique global asset management business. She also serves as Chairman of NYLIM International.

    Ms. Hung joined the firm in 2010 with more than 25 years of industry experience, having most recently servedas senior advisor at Bridgewater Associates and Managing Director and global head of Strategic Acquisitions and Alliances at Morgan Stanley Investment Management. At Morgan Stanley, she also served as ChiefAdministrative Officer, head of the firm's private equity and absolute return businesses, and had responsibility for the business development effort of the Alternative Investments group. Prior to that, Ms. Hung was a Managing Director in Morgan Stanley's Investment Banking Division for a number of years, with a primary focus on Real Estate.

    Education

    Ms. Hung received BS in Mechanical Engineering from Northwestern University and her MBA from Harvard Business School.


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  • Anthony Malloy – CEO of NYL Investors LLC

    Anthony Malloy is the Chief Executive Officer (CEO) of NYL Investors LLC, a wholly-owned investment management subsidiary of New York Life Insurance Company. Mr. Malloy is responsible for NYL Investors' investment teams, strategies, and overall management of the firm. He is responsible for more than $200 billion of fixed income and real estate assets for New York Life’s general account and third party clients.

    Mr. Malloy has more than 25 years of investment management and financial services experience. He joined the firm in 1999 and previously held the position of Senior Managing Director and head of Fixed Income. He also served as Managing Director and head of Leveraged Finance.

    Prior to joining the firm, Mr. Malloy achieved positions of increasing responsibility in lending, risk management, and debt capital markets with J.P. Morgan, Toronto-Dominion, and First Chicago.

    Education

    Mr. Malloy received his BA in English and Economics from Middlebury College and his MBA in Finance from New York University.


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  • George Shively – Deputy General Counsel

    George Shively is Deputy General Counsel of New York Life and is responsible for all legal work for the Investments Group. Mr. Shively joined New York Life in 2006.

    Previously, Mr. Shively was Managing Director and Deputy General Counsel with Legg Mason/ Citigroup Asset Management North America LLC, where he served as head of the Investment Advisory Legal Team.

    Education

    Mr. Shively received a BA, cum laude, in Political Science from Middlebury College in Vermont, where he received the Jarrett Award for Excellence in Law & American Politics. He holds a JD from New York University School of Law.


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