New York Life Insurance Co. appointed Allyson McDonald an SVP in its Retirement Income Security (RIS) operation, to lead relationship management for third-party distribution. McDonald reports to Mike Coffey, SVP in charge of third-party distribution.

McDonald and her team are responsible for developing and enhancing the relationships with third-party distribution partners that distribute both New York Life annuities and MainStay mutual funds. Additionally, she is responsible for leading New York Life’s internal sales desk capability.

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