TMCnet News
Guardian® Strengthens Investment Team With Key HiresThe Guardian Life Insurance Company of America® (Guardian), one of the nation's largest mutual life insurers and a leading provider of employee benefits, today announced it has strengthened its investment operation by creating two new leadership roles. Doug Dupont joins as the Senior Managing Director of Asset Allocation and Fixed Income Portfolio Management and Doug Niemann joins the company as the Senior Managing Director of Asset Liability and Equity Portfolio Management. Reporting to Thomas G. Sorell, Executive Vice President and Chief Investment Officer, they will be responsible for the firm's investment policy and strategies for more than $65 billion in assets including investments in both public and private equity, fixed income, and commercial real estate. Doug Dupont brings over 20 years of experience in multiple facets of investment management related to insurance as a portfolio manager and investments senior leader with solid experience in portfolio strategy and portfolio construction. He most recently served as Managing Director and Head of Portfolio Management at Allstate Investments, LLC, where he was responsible for investment strategies to support products, communicating investment results and maintaining strong relationships with risk, finance and business groups to provide economic projections. As the Senior Managing Director of Asset Allocation and Fixed Income Portfolio Management at Guardian, Mr. Dupont will have oversight of asset allocation, public fixed income, convertibles securities, private placements, credit research, and quantitative risk management. Mr. Dupont is an Associate of the Society of Actuaries (ASA) and holds the Chartered Financial Analyst (CFA) designation. He received his Bachelor of Science in Actuarial Science and Mathematics from the University of Wisconsin at Madison. Doug Niemann brings over 20 years of broad experience and expertise in investments and risk management related to insurance and has demonstrated excellence in asset liability management, investment analytics, strategy and risk management. He most recently served as Managing Director, Chief Investment Strategist, Global Insurance Solutions at J.P. Morgan Asset Management, where he developed investment products and vehicles to improve balance sheet management, enhance operating income and reduce portfolio risk profiles. Prior to joining J.P. Morgan he was the Managing Director and Head of Asset Liability Management at AIG Asset Management. Prior to AIG, Mr. Niemann was Head of Asset Liability Risk for Zurich Financial Services in Switzerland. As the Senior Managing Director, Asset Liability and Equity Portfolio Management at Guardian, Mr. Niemann will have oversight of investments asset liability management, derivatives risk management, equity portfolio management, investment technology, and compliance. He is the author of several papers and reports focused on asset management and insurance securitization. Mr. Niemann holds the series 7 and 63 licenses. He received his Master in Business Administration in Risk, Insurance and Investments from the University of Wisconsin at Madison and a Bachelor of Arts in Economics from Northwestern University. "We are thrilled to welcome Doug Dupont and Doug Niemann to Guardian's investment management team," said Mr. Sorell. "Their unique combination of experiences in asset management and investment strategy will strengthen our operations and they will continue to apply a prudent investment philosophy that keeps our clients' best interests in mind." About Guardian A mutual insurer founded in 1860, The Guardian Life Insurance Company of America (Guardian) and its subsidiaries are committed to protecting individuals, business owners and their employees with life, disability income and dental insurance products, and offer funding vehicles for 401(k) plans, annuities and other financial products. Guardian operates one of the largest dental networks in the United States, and protects more than eight million employees and their families at 115,000 companies. The company has approximately 5,000 employees in the United States and a network of over 3,200 financial representatives in more than 80 agencies nationwide. For more information about Guardian, please visit www.GuardianLife.com.
|
