Drew Bowden is taking over from Kevin Kennedy as the chair of the Insured Retirement Institute board.
IRI is a Washington-based trade group for companies in the retirement income industry.
Bowden, who previously was IRI’s vice chair, is the general counsel at Jackson National Life Insurance Company.
Bowden has a bachelor’s degree from Loyola College n Maryland and a law degree from the University of Pennsylvania. He worked at a law firm, then entered the financial services industry in 1994, as a deputy general counsel for Legg Mason.
From 2011 through 2015, Bowden worked for the U.S. Securities and Exchange Commission. When he left, he was the director of the SEC’s Office of Compliance Inspections and Examinations.
Bowden moved from the SEC to Jackson National, which is based in Lansing, Michigan, in 2015.
Since 2016, Bowden has been the chair of the Michigan Health and Life Guaranty Association.
John Kennedy, head of retirement solutions distribution at Lincoln Financial Distributors, is now IRI’s vice chair.
Wayne Chopus continues to be IRI’s president and chief executive officer.
IRI’s latest Form 990 filing available at Candid.org, for 2017, shows that IRI reported a $96,467 loss for that year on $6.8 million in revenue and $6.2 million in assets.
IRI had 41 voting members of the governing body, 31 employees, and 51 volunteers.
— Read IRI Taps Prudential Exec as Next CEO, on ThinkAdvisor.