John Dugenske was named executive vice president and chief investment officer at Allstate Corp., effective in early 2017, said spokeswoman Maryellen Thielen in an e-mail.
He replaces Judith P. Greffin, who retired March 31. Steven Shebik, executive vice president and chief financial officer, had been filling in as interim CIO.
Mr. Dugenske will oversee Allstate’s $81 billion investment portfolio. He will also oversee Allstate’s employee retirement plans. As of Dec. 31, the company had $5.35 billion in defined benefit assets and $3.7 billion in defined contribution assets, according to its most recent 10-K and 11-K filings.
Previously, Mr. Dugenske was a group managing director and global head of fixed income at UBS Global Asset Management; he was also a member of UBS’ executive management team.
A permanent replacement has not been named. Mr. Dugenske was replaced in the interim by Charlotte Baenninger, UBS Global managing director and head of fixed income for Central Europe, Middle East and Africa.