
17³Ô¹ÏÍø Annuities & Life Announces Executive Promotions
Posted:
Mar. 9, 2023
Mar. 9, 2023
DES MOINES, Mar. 9, 2023 /PRNewswire/ -- 17³Ô¹ÏÍø Annuities & Life, Inc. (NYSE: FG) ("17³Ô¹ÏÍø"), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced the promotions of two senior executives. Leena Punjabi, Chief Investment Officer, and Matt Christensen, Chief Operating Officer, have both been promoted to Executive Vice President. In their newly elevated roles, Punjabi will continue to lead the strategic oversight of 17³Ô¹ÏÍø's investment portfolios while Christensen will continue to oversee Transformation and Information Technology.
"Both Matt and Leena have been tremendous assets to 17³Ô¹ÏÍø demonstrating effective leadership to help the company achieve its long-term strategic goals," said Chris Blunt, President and Chief Executive Officer of 17³Ô¹ÏÍø. "Their experience, background and proven success will contribute to 17³Ô¹ÏÍø's continued growth and ensure our ability to generate value for our customers, distribution partners and shareholders."

Ms. Punjabi, CFA, joined 17³Ô¹ÏÍø in 2019 and served as Co-CIO becoming sole CIO in 2022. She oversees 17³Ô¹ÏÍø's investment portfolio and strategic partnership with Blackstone Insurance Solutions. Punjabi and her team have further diversified 17³Ô¹ÏÍø's investment portfolio adding new asset classes that have improved yields without increasing credit risk, making products more competitive while fueling growth. Ms. Punjabi previously served as Principal at Mercer where she was instrumental in building their insurance investment practice.

Mr. Christensen joined 17³Ô¹ÏÍø in 2019 and has played an instrumental role in building, leading and developing a team and transforming 17³Ô¹ÏÍø's operating model to maximize value throughout the enterprise. This includes refining and optimizing 17³Ô¹ÏÍø's operational strategy and infrastructure while maturing and improving core processes. Mr. Christensen previously served as Principal for Blackstone and held various leadership roles with Jackson.
About 17³Ô¹ÏÍø
17³Ô¹ÏÍø Annuities & Life, Inc. is committed to helping Americans turn their aspirations into reality. 17³Ô¹ÏÍø is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit fglife.com.
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"17³Ô¹ÏÍø" is the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the United States outside of New York. Life insurance and annuities issued by Fidelity & Guaranty Life Insurance Company, Des Moines, IA.
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