Deals and People October 18, 2010

ING Clarion Names Gilbert as CIO

October 18, 2010 (PLANSPONSOR.com) – ING Clarion Partners has designated Managing Director David Gilbert as Chief Investment Officer, heading both Acquisitions and Investment Research, effective immediately.
Reported by

A news release said Gilbert will also sit on the firm’s Executive Board and its Investment Committee.

Gilbert has been a Portfolio Manager with ING Clarion since 2007; he has worked in several key areas of the real estate industry for more than 28 years.  Prior to joining the firm, he spent ten years in numerous roles at JP Morgan Chase, including as the managing partner for private equity real estate at JP Morgan Partners and as the co-chairman of the Peabody Funds, a global real estate opportunity fund co-sponsored by JP Morgan.

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In addition, Gilbert was the head of Real Estate at the California Public Employees Retirement System (CalPERS) where he directed a broad restructuring of the group’s $6-billion real estate portfolio. 

Gilbert holds a B.B.A degree from the University of Massachusetts and an M.B.A. from the Wharton School of the University of Pennsylvania.

Deals and People October 18, 2010

Symetra Names National Sales Manager

October 18, 2010 (PLANSPONSOR.com) - Symetra Life Insurance Company has named Richard Moran vice president and national sales manager for the company’s retirement and life insurance products.
Reported by

Moran will be responsible for sales planning, territory management, team development, and producer support.   

According to a press release, most recently, Moran managed a retirement income sales team at MassMutual Financial Group. Prior to MassMutual, he held a variety of sales and marketing positions at UBS Financial Services, Bear Stearns, Smith Barney, and Merrill Lynch.  

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Moran earned a bachelor’s degree in economics at the University of Massachusetts at Amherst.

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