New York Life Insurance Company announced that John Kim has been named president and CEO of its investment management arm, New York Life Investment Management (NYLIM). Kim was most recently president of Prudential Retirement.
Daniel McMahon joined Raymond James Financial as senior managing director of equity trading and will partner with Louis Parks to direct the firm’s U.S. equities trading business. Most recently, McMahon headed the U.S. equities trading desk at CIBC World Markets in New York.
Rydex Investments announced that John Sessler will assume the role of managing director for Rydex’s institutional business.