New York Life appoints Robert Mountain as Eastern Divisional Sales Director for Stable Value Investment Only Business.

New York Life  |  September 24, 2024

NEW YORK - New York Life is pleased to announce the appointment of Robert Mountain, CFA, as Eastern Divisional Sales Director for Stable Value Investment Only (SVIO). Reporting to Glenn Macdonald, Head of Stable Value Investment Only (SVIO), Robert will oversee sales and business development efforts in the Eastern region, focusing on expanding stable value product offerings and deepening relationships with institutional investors.

“New York Life has been an industry leader in stable value for over 40 years, providing expertise and valuable guidance along with New York Life’s unparalleled financial strength to our investors throughout all market cycles. We are excited to welcome Robert to the team,” said Glenn Macdonald. “His combination of analytical expertise and client-focused approach will be a great asset as we continue to meet the growing demand for capital preservation solutions.”

Robert Mountain added, “New York Life has been a leader in the Stable Value business for decades, and I am thrilled to join such a respected organization and be part of a team known for its stability and expertise. My goal is to be a trusted resource for advisors and help our clients achieve their long-term capital preservation goals in today’s challenging market.”

ABOUT ROBERT MOUNTAIN, CFA

Robert Mountain is the newly appointed Eastern Divisional Sales Directors for Stable Value Investment Only at New York Life, responsible for sales and business development across the Eastern region. He has over 13 years of experience in the financial services industry, previously holding multiple roles at John Hancock, including investment consultant and Director of investment strategy. Robert received a B.A. in Economics from Trinity College. He holds a Chartered Financial Analyst (CFA) designation and Series 7 and 63 certifications.

For additional information about Stable Value Investment Only, please click here.

ABOUT NEW YORK LIFE

New York Life Insurance Company (www.newyorklife.com), a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States¹ and one of the largest life insurers in the world. Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments, and long-term care insurance. New York Life has the highest financial strength ratings currently awarded to any U.S. life insurer from all four of the major credit rating agencies².

1 Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/4/2024. For methodology, please see https://fortune.com/franchise-list-page/fortune-500-methodology-2024/

 2 Individual independent rating agency commentary as of 11/17/2023: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).

Go back to our newsroom to read more stories.