Sammons Financial Group Announces New Chief Technology Officer


Information technology veteran brings over 25 years of experience to new role

WEST DES MOINES, Iowa, Dec. 09, 2019 (GLOBE NEWSWIRE) -- Sammons® Financial Group, Inc. (SFG) is pleased to announce the recent hiring of Jai Kuchimanchi as vice president and chief technology officer. Kuchimanchi will be responsible for leading the infrastructure, architecture/core services, and data and analytics teams.

“Jai is a well-versed IT professional with experience in system architecture strategy, design and implementation,” said Kelly Coomer, senior vice president and chief information officer at SFG. “His extensive knowledge in his field will be a great asset to our organization.”

In his new role, Kuchimanchi will focus on centralizing data sources, increasing analytics capabilities and improving infrastructure capabilities. He will collaborate with SFG’s internal and external partners to enhance the company’s legacy system strategy.  In addition, Kuchimanchi will establish and guide implementation of SFG’s next generation infrastructure strategy, evolve the company’s approach to enterprise data and analytics, and ensure core systems can meet evolving business needs.

Prior to joining SFG, Kuchimanchi was corporate vice president of enterprise architecture at New York Life Insurance Company where he led architecture and strategy across digital and corporate technologies. Major accomplishments include the implementation of sales, service and customer-facing applications; establishing a robotic process automation center of excellence; and developing a capability driven application rationalization strategy.  Prior to New York Life, Kuchimanchi spent 12 years at Allstate Insurance in several technology leadership roles in the life insurance business. 

Kuchimanchi holds a Master of Business Administration from Northwestern University. He is a fellow of both the Financial Services Institute and Life Management Institute.

About Sammons Financial Group The member companies of Sammons® Financial Group, Inc. (SFG), are here to help families and businesses protect their future, so they can enjoy life’s moments today. A subsidiary of Sammons Enterprises, Inc., SFG is a group of privately-owned financial companies, including several of the most enduring and stable companies in our industry. SFG is comprised of three member companies: Midland National® Life Insurance Company, which includes Sammons® Corporate Markets; North American Company for Life and Health Insurance®; and Sammons Institutional GroupSM, which consists of Midland Retirement DistributorsSM and Sammons Retirement Solutions®, Inc. Together, SFG offers some of today’s most sought-after life insurance, annuity, and retirement planning products. Sammons Financial Group: With You for Every MomentSM.

Media contact: corpcommunications@sfgmembers.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4e39d05b-1af0-4bc7-810f-694f831fc440

 

Jai Kuchimanchi