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.

Prior to joining New York Life, McDonald was responsible for development and communications strategy at the Clinton Foundation. Before that, she was SVP at Fidelity Investments in charge of sales and relationship management for their charitable services organization, and also held positions at Goldman Sachs and Federated Investors.

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