Aimee DeCamillo to Lead Manulife Investment Management: Executive Changes

What You Need to Know

TIAA has a new chief digital and chief experience officer.
MassMutual named a president for its Haven Life unit.
Bright Health named separate heads for its health plan and health care delivery arms.

Manulife has hired Aimee DeCamillo to be global head of retirement at its Manulife Investment Management unit.

Manulife is a Toronto-based life insurer, and the investment management unit is its wealth and asset management arm.

She previously was chief commercial officer at Jackson.

What It Means

Although Manulife’s John Hancock arm has stopped selling individual annuities in the United States, it continues to sell mutual funds and retirement plans in the United States. The company also offers income-planning arrangements packaged as permanent life insurance policies, and it is major financial services player in Canada and Asia.

DeCamillo’s role means she could have a major influence on shaping the firm’s retirement advisory services and income planning strategies throughout the world.

She said in a comment, included in the announcement about her new role, that she hopes to work with Manulife teams to speed up the development of retirement planning solutions for each market the company serves.

DeCamillo’s Background

DeCamillo spent 12 years at Merrill Lynch. When she left, she was the company’s head of personal retirement.

For about nine years, she was was a retirement plan services executive at T. Rowe Price.

She has been a chair of the board at LL Global’s Secure Retirement Institute and a governing board member at the Spark Institute. She also has served on the board of the Employee Benefit Research Institute.

She has a bachelor’s degree from Michigan State University, and she holds the Chartered Retirement Planning Counselor professional designation.Other Executive Change News of Note

TIAA

TIAA has hired Jessica Austin Barker to be chief digital and client experience officer.

She is moving to the New York-based life insurer and asset manager from Intuit, where she was vice president of customer success and retention strategy. She also has been the group product manager for Intuit’s Quicken and TurboTax products.

Haven Life

Massachusetts Mutual Life Insurance Co. has named Mitch Ocampo to be the president of its New York-based Haven Life online life insurance agency.

Ocampo previously was head of innovation for the Americas at RGAx, an arm of Reinsurance Group of America. He also has been the regional director for the Eastern United States and Canada at Dell EMC.

He has a bachelor’s degree from the University of New Hampshire and master’s degrees in business from IE Business School in Madrid and Brown University.

Bright Health

Bright Health Group — a Minneapolis-based company that provides health coverage and health care services —has hired Michael Carson to be CEO of the Bright HealthCare health plan unit.

He succeeds an interim CEO, Jay Matushak.

Carson previously was CEO of CareAbout, a health care delivery company. He also has been CEO of Harvard Pilgrim Health Care. Earlier, he was an executive at Anthem and Premera.

He worked in human resource management at the U.S. Air Force for seven years. When he left, he was manager for standardization and evaluation.

He has a bachelor’s degree from the University of Phoenix.