pekingesemonthly.com » Business http://pekingesemonthly.com Sat, 04 Sep 2010 00:20:48 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Driving force behind the MONY Group’s improvement in industry ratings: Sam Foti http://pekingesemonthly.com/driving-force-behind-the-mony-group%e2%80%99s-improvement-in-industry-ratings-sam-foti/ http://pekingesemonthly.com/driving-force-behind-the-mony-group%e2%80%99s-improvement-in-industry-ratings-sam-foti/#comments Tue, 24 Nov 2009 21:29:31 +0000 http://pekingesemonthly.com/?p=78 Due to a number of initiatives taken at The MONY Group, industry rating agencies have unanimously improved the rating for the Group. These initiatives mostly include a number of changes Sam Foti has made. These include downsizing, acquisitions, shedding of product lines and subsidiaries, introduction of new distribution channels, integrating the Internet into service provision as well as contact with distribution networks.

Samuel J. Foti led the company’s efforts to tier, or segment, its career agency system, a move that has been emulated by other companies in the financial services industry. Most of all it has been the leadership of  Samuel Foti  for the past decade, his drive and commitment in seeing tasks through to their end that has achieved the favorable position within the industry that The MONY Group enjoys in the current scenario.

Foti’s past and present directorships include The MONY Group Inc., MONY Life Insurance Company of America, MONY Bank & Trust Company of the Americas, Ltd., Life Insurance Marketing and Research Association (LIMRA), The Enterprise Group of Funds, and The American College. In addition, he has been a Chartered Life Underwriter since 1977. 

 

 

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