What You Need to Know
- Hung, an alumna of Morgan Stanley and Bridgewater, is the first woman and person of color to hold the position.
- Hung said she wants to lead the industry in the areas of ESG, diversity and inclusion and fintech.
- Hung has been CEO of NYLIM since 2015.
The Investment Company Institute said Thursday that it has elected Yie-Hsin Hung, CEO of New York Life Investment Management, the insurer’s third-party asset management business, to serve as ICI chair.
Hung will preside over the board and its Executive Committee; she is the first woman and person of color to hold the position.
Hung was elected to the board in 2017 and joined its Executive Committee in 2019.
During that same year, she was chair of the planning committee for ICI’s flagship conference, the General Membership Meeting.
Hung has been CEO of NYLIM since 2015, and is also a member of New York Life’s Executive Management Committee.