99 Equitable Holdings, the financial services holding company encompassing Equitable and Alliance Bernstein, has unveiled new leadership appointments to drive strategic growth and deliver value for stakeholders. Julia Zhang is appointed as the company’s Chief Risk Officer, effective April 1, pending Equitable Holdings Board of Directors’ approval. Reporting to Mark Pearson, President and CEO of Equitable Holdings, Zhang will join the Management Committee, succeeding Aaron Sarfatti, who has served as Chief Risk Officer since 2018. Mark Pearson praised Zhang’s extensive experience and strategic acumen, citing her instrumental role in the company’s growth journey. Zhang, currently serving as Treasurer for Equitable Holdings, brings nearly two decades of expertise to her new role. She has been pivotal in various strategic initiatives, including capital management and funding strategies. With over two decades of experience in financial services, life insurance, and asset management, Sarfatti’s role entails identifying and nurturing new revenue streams and overseeing institutional growth markets. Sarfatti, previously Head of Strategy for Equitable Holdings’ Retirement and Wealth Management businesses, also served as a partner at Oliver Wyman, specializing in insurance consulting. He was appointed by the Federal Reserve Board as Vice Chair of its Insurance Policy Advisory Committee this year. You Might Be Interested In Small Banks in Uganda Encounter Challenges in Raising Capital British Pound Surges Ahead on Resilient UK Economy HSBC Completes Sale of Retail Banking Business in France Wanda Austin Joins Apple’s Board of Directors Rockwell Automation Recognizes APAC Partners at Annual Awards Ceremony Eli Lilly’s New Campaign Tackles Stigma Surrounding Obesity Treatment
