September 24, 2007
Epright Named EVP, COO Of AIG Advisor Group; Caliman Also Promoted
AIG Retirement Services, a division of American International Group (AIG), has promoted two of its executives.
Randall W. Epright is now executive vice president and chief operating officer of AIG Advisor Group and senior vice president, operations and systems for AIG SunAmerica Asset Management.
Lillian Caliman is now senior vice president and chief information officer of AIG Retirement Services.
In his new role, Epright will be responsible for AIG's broker/dealer and mutual fund businesses.
Jay S. Wintrob, president and CEO of AIG Retirement Services, said: "We greatly appreciate the many contributions that Randy Epright and Lillian Caliman have made to AIG and our retirement services organization. Randy's extensive industry experience, knowledge and results-oriented track record are ideally suited to help us build an even more cohesive and efficient platform across our broker/dealers and mutual fund operations.
"And Lillian's diverse information technology background, success in integrating cross-company platforms, strategic planning experience and extensive knowledge across virtually all AIG Retirement Services profit centers, prepare her for both the challenges and opportunities ahead."
Epright joined AIG in 1995 in the foreign general insurance division. He moved to SunAmerica in 1999 as executive vice president and chief information officer. He became senior vice president and group chief information officer at AIG Retirement Services in 2002, following the integration of the retirement services businesses of AIG, SunAmerica and American General. He took on the additional post of chief operations officer in 2006.
Caliman has been with SunAmerica since 1996, when she joined as vice president, information technology, later promoted to senior vice president, information technology. Most recently, she served as senior vice president and divisional chief information officer for AIG Annuity and AIG VALIC.
Borland Heading DC Unit At Hewitt Associates
Hewitt Associates has formed a defined contribution consulting practice to address the full spectrum of concerns of 401(k) plan sponsors, including plan design, cost and risk management, investment consulting, behavioral finance, administration, communication and legal and compliance consulting.
The leader of the new practice is Alison Borland, an expert on retirement income. Before accepting this new role, Boreland was a principal and senior benefits consultant in Hewitt's retirement and financial management business.
"As employees are encouraged to take more responsibility for their health and financial futures, defined contribution plans will continue to play an increasingly important role," said Mary Moreland, leader of Hewitt's retirement business.
T. Rowe Chief Counsel Hopkins to Retire in March
Henry H. Hopkins, chief legal counsel at T. Rowe Price for the past 20 years and an employee of the firm for the past 35, will be retiring in the spring and replaced by Associate Legal Counsel David Oestreicher.
"I have decided after considerable debate that I will retire as of the end of March," Hopkins said. "I consider myself very lucky to have been at T. Rowe Price and to have been able to participate in its growth."
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