US life and health insurer Pan-American Life Insurance Group (PALIG) has promoted Lisa Baudot to chief investment officer (CIO).
Baudot will be responsible for PALIG’s overall investment strategy and oversee the group’s investment portfolio. She will report to Steven Friedman, president of finance and investments, who was previously CIO.
Baudot most recently served as senior vice president, investment where she oversaw the group’s investment and investment analytics team. Before that she was vice president, fixed income. She joined PALIG in 1985.
José Suquet, chairman of the board and CEO at PALIG, said: “Lisa’s expertise and more than three decades of experience at PALIG make her a natural fit for the CIO role.
“Her investment savvy and leadership have been integral to building our financial strength. As we navigate uncertain global markets, Lisa’s steady investment hand and deep understanding of PALIG’s business and commitments will ensure that we continue to deliver on our promises to all of those who place their trust in us.”