New York Life Insurance has appointed John Fleurant as its new executive vice president and chief financial officer (CFO), effective from 1 July 2013.
Fleurant will replace current executive vice president and CFO Michael Sproule, who is scheduled to retire in June following 14 years of service.
In his new role, he will report to New York Life chairman and CEO Ted Mathas and will be accountable for controller's, tax, treasury, the office of risk management and chief actuary, and corporate development.
Prior to the new role, he was serving as deputy CFO since October 2012 as well as senior vice president for finance and controller.
He also has been elected as a member of New York Life's executive management committee, which assists the CEO in setting policy for the company.
Before joining New York Life, Fleurant worked as a controller at Prudential Financial, where he had joined in 1995, and held positions of increasing responsibility, including chief financial officer for domestic businesses.
He was a senior manager for Deloitte & Touche, where he spent nine years.
Established in 1845, New York Life Insurance Company provides life insurance, retirement income, investments and long-term care insurance.
