Peruvemba Satish Named Allstate Managing Director, Chief Risk Officer, Investments
February 18 2010 - 10:00AM
PR Newswire (US)
NORTHBROOK, Ill., Feb. 18 /PRNewswire-FirstCall/ -- The Allstate
Corporation (NYSE:ALL) today announced that Peruvemba Satish, 45,
has joined the company as managing director and chief risk officer,
investments. Satish reports to Judy Greffin, senior vice president
and chief investment officer, who oversees the company's $99.8
billion portfolio. "Satish brings a wealth of expertise with proven
results in risk, investments and finance," said Greffin. "He has
extensive experience in quantitative analytics and risk management
and has served in senior-level positions throughout the finance and
investment industry. Satish is an excellent addition to our team
and we look forward to leveraging his expertise to deliver
outstanding results." Satish most recently was chief risk officer
for Jamison Capital Partners LP, New York. From 2004 to 2009, he
was the chief risk officer and a member of the investment committee
at DKR Capital Partners LP, an asset management firm specializing
in alternative investment strategies. He previously was director of
risk management at Soros Fund Management LLC, where he was employed
from 2001 to 2004. Earlier in his career, Satish held quantitative
research, risk management and investment management positions at
State Street Bank and Trust, Barclays Capital and other firms.
Satish is an internationally known speaker and published researcher
on risk and finance. He is a CFA charterholder and received a Ph.D.
in finance from the University of Texas at Austin, a master's in
economics from the State University of New York, and undergraduate
and graduate degrees in engineering and economics from Birla
Institute of Science in Pilani, India. "I am excited to join
Allstate," Satish said. "This is a great team and I look forward to
helping Allstate optimize risks across the portfolios and helping
the company drive shareholder value." The Allstate Corporation
(NYSE:ALL) is the nation's largest publicly held personal lines
insurer. Widely known through the "You're In Good Hands With
Allstate®" slogan, Allstate is reinventing protection and
retirement to help more than 17 million households insure what they
have today and better prepare for tomorrow. Consumers access
Allstate insurance products and services through Allstate agencies,
independent agencies, and Allstate exclusive financial
representatives in the U.S. and Canada, as well as via
http://www.allstate.com/ and 1-800 Allstate®. DATASOURCE: The
Allstate Corporation CONTACT: Maryellen Thielen, +1-847-402-5600,
for The Allstate Corporation Web Site: http://www.allstate.com/
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