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Global Atlantic Financial Group has appointed Peggy Poon as Treasurer to enhance its capital markets presence. Since joining in 2020, she has been pivotal in funding strategies and successfully led the company into the funding agreement-backed notes market, raising over $5 billion. Philip Sherrill, Chief Strategy Officer, emphasized her leadership and value creation for stakeholders. Prior to this role, Poon was a Director at S&P Global Ratings.
Global Atlantic is a prominent player in the U.S. annuity and life insurance sector and is majority-owned by KKR.
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Peggy Poon's appointment as Treasurer is expected to strengthen leadership and capital market strategies.
She has successfully led a $5 billion funding initiative, enhancing Global Atlantic's financial capabilities.
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NEW YORK--(BUSINESS WIRE)--
Global Atlantic Financial Group (Global Atlantic), a leading US-focused annuity and life insurance company, has named Peggy Poon as Treasurer in support of the company’s growing industry and capital markets presence.
Peggy Poon (Photo: Business Wire)
Ms. Poon, who joined Global Atlantic in 2020, was already responsible for the company’s funding strategy, bank financing, debt capital markets activities, and rating agency relationships. In January 2021, she successfully led Global Atlantic’s entry into the funding agreement-backed notes (FABN) market, which has raised more than $5 billion to date.
“Peggy is a great example of how talented people grow in their careers,” said Philip Sherrill, Chief Strategy Officer at Global Atlantic. “As Treasurer, she’ll continue to build on her track record of both driving value for Global Atlantic’s stakeholders and serving in leadership roles among her industry peers.”
Prior to Global Atlantic, Ms. Poon was a Director in the North American Financial Services Ratings group at S&P Global Ratings.
About Global Atlantic
Global Atlantic Financial Group is a leader in the U.S. annuity and life insurance industry, serving the needs of individuals and institutions. With differentiated investment and risk management capabilities, deep client relationships, and a strong financial foundation, the company has established a track record of delivering proven, value-added solutions and long-term growth. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions. KKR’s parent company is KKR & Co. Inc. (NYSE: KKR).
Global Atlantic Financial Group (Global Atlantic) is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries, including Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, Forethought Life Insurance Company and Global Atlantic Re Limited. Each subsidiary is responsible for its own financial and contractual obligations. These subsidiaries are not authorized to do business in New York.
