New York - New York Life Insurance Co. announced that Steven D. Lash has rejoined New York Life as senior vice president in the Corporate Finance department. Lash reports to Executive Vice President and Chief Financial Officer Michael Sproule. The company also announced that Richard J. Witterschein has been promoted to first vice president and treasurer, reporting to Lash. Lash is responsible for managing several of New York Life's core financial functions including the actuarial, tax and treasury departments as well as all facets of corporate development, which include strategic planning, mergers and acquisitions and investor relations/rating agency relationships. Lash most recently served as principal within the Insurance and Actuarial Advisory Services (IAAS) division at London-based Ernst & Young. Prior to Ernst & Young, he spent five years with New York-based Chase Manhattan Bank as vice president, insurance corporate finance, and began his career with New York Life in 1987 as an actuarial assistant. Witterschein is responsible for the overall management of the Treasury department, which includes cash and liquidity management and bank relations. Having joined New York Life in 1996 as a director in the Treasury department, Witterschein was promoted to assistant vice president in 1997, corporate vice president in 2000 and vice president in 2006. Source: New York Life Insurance Co.
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