MILWAUKEE, June 26, 2019 /PRNewswire/ -- Northwestern Mutual today announced the appointment of Fawaz Rasheed to vice president – chief information security officer (CISO), where he will lead the Enterprise Information Risk & Cybersecurity team and spearhead Northwestern Mutual's information security strategy to protect its brand and reputation.
"Risk management and protecting information is a critical component of our business and allows us to deepen trust with our clients, financial representatives and employees," said Ray Manista, executive vice president – chief legal and compliance officer. "Fawaz is a seasoned business leader with extensive experience in information security, risk management and privacy. He will be a great asset as we continue to protect our clients and advance our cybersecurity strategy."
Rasheed has more than 20 years of leadership experience at global companies in a range of industries, including financial services. He previously served as CISO at Trustmark Companies and prior, he was the Global CISO at Johnson Controls. Before that, he served as a leader of Verizon's Global Security Solutions business and, early in his career, as an engineer.
About Northwestern Mutual Northwestern Mutual has been helping families and businesses achieve financial security for more than 160 years. Through a distinctive, whole-picture planning approach, we empower our clients to make the most of every single day and plan for important moments in their future. We combine the expertise of our financial professionals with a personalized digital experience to help our clients navigate their financial lives every day. With $272.2 billion in assets, $28.5 billion in revenues, and $1.8 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.5 million people who rely on us for life, disability income and long-term care insurance, annuities, and brokerage and advisory services. The company manages $128 billion of investments owned by our clients and held or managed through our wealth management and investment services businesses. Northwestern Mutual ranks 104 on the 2018 FORTUNE 500 and is recognized by FORTUNE® as one of the "World's Most Admired" life insurance companies in 2019.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Northwestern Mutual and its subsidiaries offer a comprehensive approach to financial security solutions including: life insurance, long-term care insurance, disability income insurance, annuities, life insurance with long-term care benefits, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (securities), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisors.