The retirement services arm of Massachusetts Mutual Life Insurance Company has hired Joe Connell and Donna Regner Rizzo to be managing directors.
Connell will manage independent distribution channels in Minnesota, Montana, Nebraska, North Dakota, South Dakota and northwest Wisconsin, according to MassMutual, Springfield, Mass.
Connell previously was a regional director at the retirement resources unit of RSM McGladrey Inc., Minneapolis, a unit of H&R Block Inc., Kansas City, Mo.
Connell holds the Certified Retirement Planning Specialist professional designation.
Rizzo will manage independent distribution channels in Colorado, Idaho, New Mexico, Utah and Wyoming.
Rizzo has been mid-Atlantic corporate retirement sales manager at a unit of Merrill Lynch & Company Inc., New York.
Rizzo holds the Certified Financial Planner and Accredited Retirement Plan Consultant professional designations.
In other personnel news:
- Scottish Re Group Ltd., Hamilton, Bermuda, says Hugh McCormick, the company’s executive vice president of corporate development, will be leaving to return to his old job as a partner in the New York office of LeBoeuf, Lamb, Greene & MacRae L.L.P., a law firm.
McCormick, who was a Scottish Re legal advisor while working at LeBoeuf, Lamb, will resume that role, Scottish Re says.
Scottish Re, a life reinsurer, has announced a number of executive departures since it completed efforts to secure $600 million in financing.
- Peach Holdings Inc., Boynton Beach, Fla., has hired Ernest Jordan to be senior vice president and director of life finance.
Jordan will run both the Peachtree unit’s life setlement and life premium finance businesses, Peach says.