Insurance

Northwestern Mutual is expanding leadership roles

Northwestern Mutual is expanding leadership roles

Insurance news

By Terry Jungkwangco



From LR: Jeff Sipple, Christian Mitchell, Camilla Williams-Kemp, John Roberts

Northwestern Mutual has unveiled a series of senior leadership shake-ups designed to enhance the company’s growth, enhance alignment, and further develop senior executives. The changes will be effective from July 1.

Chief Information Officer Jeff Sipple will transition to Chief Strategy Officer. Aside from working closely with the senior leadership team to improve the company’s strategy, Sippel’s new responsibilities will also include overseeing marketing, innovation, venture funds, analytics and strategic investments.

Christian Mitchell, chief customer and digital officer, will take on the role of chief digital and information officer. He will be responsible for the company’s technology and digital strategy, including artificial intelligence capabilities, data architecture, enterprise architecture, technology infrastructure, information risk and cybersecurity.

Camilla Williams-Kemp, chief insurance officer, will serve as chief product officer. Her remit includes insurance product design, sales and service areas, in addition to her current oversight of underwriting, customer service, developed markets and claims.

Williams-Kemp’s broader function, which also includes sales enablement among the company’s 8,000-plus financial advisors, will unify the full insurance spectrum from product design to claims.

John Roberts, chief distribution officer, will serve as chief field director, expanding his responsibilities to include the company’s $300 billion wealth and investment management operations.

Meanwhile, Roberts will continue to oversee Northwestern Mutual’s exclusive distribution system while also stepping up to manage Northwestern Mutual Wealth Management Company, Northwestern Mutual Investment Services, and Mason Street Advisors.

“This reorganization of these four leaders reflects a greater focus on key business priorities including the ability to help clients plan, protect their risks and grow their wealth,” said John Schlefsky, Chairman and CEO, who is retiring at the end of the year. Through a trusted advisor and digital experience.

“It also puts us in a better position to execute on the next phase of our company strategy as we continue to deliver a differentiated value proposition and provide unparalleled value to the policy owner.”

Meanwhile, Tim Gernd, President of Northwestern Mutual, commented: “As we chart the way forward for the company’s next chapter, we are realigning our organization to strengthen our strategic advantages on what truly sets us apart as a company – comprehensive financial planning to protect your assets and grow. Your Wealth to Prosperity – With a keen focus on how we deliver the most value to our employees, advisors and policy owners.

“I am excited for these Northwestern Mutual leaders to expand their roles and help us continue to grow our market position.”

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