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 for directing investments of our asset portfolio,” said Esfand Dinshaw, chief executive officer. “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 senior management team. He will be responsible to create and enhance the company’s investment vision to support continued growth and to ensure that the Sammons Financial Group vision is coordinated with all other facets of the company.
Melvin joins Sammons Financial Group from Hartford Investment Management Company (HIMCO) where for the past six years he has served as CIO and, previously, head of portfolio management. In that role, 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 firm’s global insurance assets and fixed income portfolio. He also served as managing director and head of insurance fixed income, Americas, for Deutsche Bank.
Melvin has a Master of Business Administration in finance from The Stern School of Business, New York University, and an undergraduate degree in business and economics from Lehigh University.
About Sammons® Financial Group, Inc.
The companies of Sammons® Financial Group, Inc. help families and businesses protect their future to enjoy life’s moments today. A subsidiary of Sammons Enterprises, Inc., Sammons Financial Group is privately owned with member companies that are among the most enduring and stable in the financial services industry. Our companies include Midland National® Life Insurance Company (including Sammons® Corporate Markets); North American Company for Life and Health Insurance®; Sammons Institutional Group® (including Midland Retirement Distributors® and Sammons Retirement Solutions®) and Beacon Capital Management, Inc. Together, we offer today’s most sought-after life insurance, annuity, and retirement planning products. Sammons Financial Group: With You for Every Moment®.
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SOURCE Sammons Financial Group, Inc.