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PRUDENTIAL RETIREMENT PRESIDENT ELECTED TO CBIA BOARD OF DIRECTORS


The Connecticut Business & Industry Association (CBIA) elected John Y. Kim to a four-year term on its board of directors at the association’s Oct. 27 Annual Meeting.

Kim is president of Prudential Retirement, in Hartford, an industry-leading full-service retirement plan provider for small, midsize and large plan sponsors in the corporate, public, nonprofit and Taft-Hartley retirement markets. He is one of 16 new members elected to the CBIA board who will begin their terms Dec. 1.

CBIA is the state’s largest business organization, with 10,000 member companies throughout Connecticut. The board of directors approves the organization’s plans, policies and strategies, and particularly focuses on ways to make Connecticut a better place to do business and create jobs.

Prior to this position, Kim was president of CIGNA Retirement & Investment Services, one of the nation’s leading asset management and retirement services firms.

Before joining CIGNA, Kim held chief executive and senior management positions at some of the nation’s leading financial services companies. During 2001, he served as president and chief executive officer of BondBook LLC. From 1995 through 2000, he served as president, chief investment officer and chief executive officer at Aeltus Investment Management, an investment management subsidiary of ING Group. During his tenure, he was credited with growing assets under management, increasing the breadth of investment capabilities, and improving the performance of the company’s investment offerings.

Prior to that, Kim was managing director of Mitchell Hutchins Institutional Investors, and for 10 years at Aetna Life & Casualty, he was portfolio manager, investor relations officer and financial analyst.

Kim is a chartered financial analyst and a member of the New York Society of Security Analysts, the Hartford Society of Security Analysts, and the Association of Investment Management and Research. He holds NASD Series 7 and 24 credentials. Kim has an M.B.A. in finance from the University of Connecticut, and a B.B.A. degree in finance and accounting from the University of Michigan.

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For more information, please contact
Nancy Andrews, Media Relations Manager
860-244-1957

andrewsn@cbia.com