Craig DeSanto is CEO & President of New York Life Insurance Company, the nation’s largest mutual life insurer. New York Life provides insurance and investment solutions to individuals and businesses and operates one of the world’s largest global asset managers through New York Life Investments, with more than $750 billion in assets under management.
Mr. DeSanto was appointed to New York Life’s Executive Management Committee in January 2017 and has served as president since July 2020 and as a member of the company’s Board of Directors since February 2021. He became the company’s 19th chief executive on April 16, 2022. Mr. DeSanto joined New York Life in 1997 as an actuarial summer intern. At different points in his career with the company, he led the retail life insurance business, the institutional life insurance business, and Eagle Strategies. In 2015, he was appointed leader of the company’s strategic businesses, where he strengthened and further diversified a portfolio of businesses that complement and support the company’s core retail insurance business. He also led the acquisition of the New York Life Group Benefit Solutions business in 2020, the largest acquisition in New York Life’s history.
Mr. DeSanto currently serves on the boards of the American Council of Life Insurers and the Partnership for New York City. He is also a former board member of LL Global Inc. Mr. DeSanto earned a Bachelor of Science degree from Cornell University, is a Fellow of the Society of Actuaries, and a member of the American Academy of Actuaries.