Payments and processing technologies and solutions provider Fiserv Inc (NASDAQ:FISV) has announced the appointment of John Kim to its board of directors.
John Kim is president of New York Life Insurance Company, the largest mutual life insurance company in America. He is responsible for all business units of the company, including oversight for a more than $1 billion technology transformation effort. Kim also serves as the chief investment officer for New York Life, with ultimate responsibility for all assets managed by the company. Prior to joining New York Life in 2008, Kim was president of Prudential Retirement and its predecessor organization, CIGNA Retirement and Investment Services.
Previously, he was president and CEO of Aeltus Investment Management, a subsidiary of ING Group; CEO of Bondbook, an electronic bond trading company owned by a consortium of investment banks led by Goldman Sachs and Merrill Lynch; and managing director of Mitchell Hutchins, an investment subsidiary of Paine Webber.
Kim currently serves on several boards, including New York Life Insurance and Annuity Company and New England Center for Children. He is a senior advisor and member of the advisory committee of RRE, a venture capital firm. Kim has also recently served on the boards of Mainstay Funds Group,Mackay Shields, and Jacob Ballas.
“John brings expertise in the development and distribution of financial services solutions, with a focus on creating value across face-to-face and digital channels,” said Daniel P. Kearney, chairman of the board of directors, Fiserv. “We are pleased to welcome him to our board.”