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Rating:ING Exec Moves to Hartford
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Monday, September 1, 2008

ING Exec Moves to Hartford

News summary by MFWire's editors

Greg McGreevey, formerly vice chairman and executive vice president at ING Investment Management, has joined Hartford Investment Management as chief investment officer for insurance portfolios. McGreevey started at The Hartford on August 25 and reports to David Znamierowski, president of Hartford Investment Management Company.

At ING, McGreevey headed up three of the firm's divisions, including ING's North American proprietary investments and ING Institutional Markets.

A spokesperson for ING was not immediately available to comment on McGreevey's replacement.




Company Press Release

HARTFORD, Conn.--(BUSINESS WIRE)--Hartford Investment Management Company, a subsidiary of The Hartford Financial Services Group, Inc. (NYSE: HIG), today announced that Greg McGreevey was named chief investment officer for insurance portfolios. He joined the firm on August 25 from ING Investment Management and reports to David Znamierowski, president of Hartford Investment Management Company.

“Greg has a unique blend of leadership capability, investment acumen and a passion to win,” said Znamierowski. “Greg’s ability to create shared vision and his track record of bringing teams to higher levels of success will add great bench strength to our organization. I look forward to working with Greg and the overall investment management team to move our strategy ahead.”

In this role, McGreevey will oversee the general account portfolio management team, with a strong focus on risk management and investment process. In addition, he will lead the capital markets team and commercial mortgage, asset-backed securities and private sectors.

McGreevey comes to Hartford Investment Management from ING Investment Management, where he held positions of increasing responsibility. Most recently, he was vice chairman and executive vice president with ING Investment Management – Americas, where he led three of the company’s divisions, including ING's North American proprietary investments and ING Institutional Markets. In this capacity, McGreevey also served in several leadership roles, including as a member of the Management Council of ING Group and as chairman of several committees, including the Interest Rate, ALM, Credit, and Investment Committees.

A chartered financial analyst, McGreevey earned a bachelor’s degree in marketing and management from the University of Portland and a master’s in business administration from Portland State University. He currently resides in Alpharetta, Ga., and will be relocating to the Hartford area.

Hartford Investment Management Company, a subsidiary of The Hartford Financial Services Group, Inc. (NYSE: HIG), is a registered investment advisor providing investment management services to both institutions and individuals, including affiliated and non-affiliated corporations, foundations and endowments, mutual funds and employee benefit plans. As of June 30, 2008, Hartford Investment Management has been entrusted with more than $147 billion in assets under management for its clients.

The Hartford, a Fortune 100 company, is one of the nation's largest diversified financial services companies, with 2007 revenues of $25.9 billion. The Hartford is a leading provider of investment products, life insurance and group benefits; automobile and homeowners products; and business property and casualty insurance. International operations are located in Japan, the United Kingdom, Canada, Brazil and Ireland. The Hartford's Internet address is www.thehartford.com.
 

Edited by: Erin Kello


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