Sammons Financial Group Appoints John Melvin as Chief Investment Officer | Associated press

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WEST DES MOINES, Iowa, July 15, 2021 / PRNewswire / – John Melvin will join Sammons Financial Group as Senior Vice President and Chief Investment Officer (CIO) on August 9, 2021.

“As Sammons Financial Group grows, we continue to design our strategy to guide investments in our portfolio of assets,” said Esfand Dinshaw, President and CEO. “John will oversee all aspects of Sammons Financial Group’s investment strategy, performance and results.”

Melvin will report directly to Dinshaw and become a member of the company’s management team. He will be responsible for creating and improving the company’s investment vision to support continued growth and ensure that Sammons Financial Group’s vision is coordinated with all other facets of the business.

Melvin joins Sammons Financial Group from Hartford Investment Management Company (HIMCO) where, for the past six years, he has been Director of IT and, previously, Head of Portfolio Management. In this capacity, he was responsible for The Hartford’s investment strategy.

Prior to The Hartford, Melvin served as CIO of Goldman Sachs Insurance Asset Management, overseeing the company’s global insurance assets and fixed income portfolio. He was also Managing Director and Head of Fixed Income Insurance, Americas, for Deutsche Bank.

Melvin holds a Masters of Business Administration in Finance from the Stern School of Business at New York University and an undergraduate degree in Business and Economics from Lehigh University.

About Sammons® Financial Group, Inc.

Sammons® Financial Group, Inc. companies help families and businesses protect their futures to enjoy life’s moments today. A subsidiary of Sammons Enterprises, Inc., Sammons Financial Group is privately owned and has some of the most sustainable and stable member companies in the financial services industry. Our companies include Midland National® Life Insurance Company (including Sammons® Corporate Markets); North American Life and Health Insurance Company®; Sammons Institutional Group® (including Midland Retirement Distributors® and Sammons Retirement Solutions®) and Beacon Capital Management, Inc. Together we deliver the most sought-after life insurance, annuity and retirement planning products right now. current. Sammons Financial Group: With You for Every Moment®.

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SOURCE Sammons Financial Group, Inc.

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