On Monday, Feb. 7, 2022, M Financial Group welcomed Russell Bundschuh to the role of President and CEO. The M Financial Board of Directors announced Russell's appointment to the position on Jan. 5, 2022.
Russell joins M Financial following his previous role as Senior Vice President of the Chubb Group and President of Chubb Life, where he was responsible for Chubb’s international life insurance and global life reinsurance operations.
Russell’s career spans more than 25 years in insurance and management consulting. Prior to the acquisition of Chubb by ACE Group in 2016, he was President of ACE Life. Before joining ACE, he was Executive Vice President and CEO of the Asia sub-region for New York Life’s international business and Chief Operating Officer for New York Life International. He also led New York Life’s corporate development, strategic planning, and M&A functions. Before joining New York Life, Russell spent over 10 years at McKinsey & Company, where he was a Partner and leader of the firm’s Services Strategy and Operations Practice.
With undergraduate degrees in Geophysical Engineering and Electrical Engineering from the Colorado School of Mines, Russell also earned an MBA in Finance from the Wharton School of the University of Pennsylvania. He holds the Fellow, Life Management Institute (FLMI) professional designation.
“M Financial and the industry are at an inflection point and Russell Bundschuh is the right leader for us and for this moment,” said David Byers, M Financial Group’s Board Chair. “We’ve created strong momentum. Russell’s expertise in growing product portfolios for the HNW segments and his success at rolling out digital platforms will keep this momentum going. As we grow the M Financial of the future, his outstanding accomplishments as a strategist and innovator with a global and dynamic perspective make him a great selection as our next CEO.”
Russell said, “I am honored and excited to lead M Financial and join the M Community. Although M is already the leading financial services design and distribution company in the nation, it can be even better. I look forward to working closely with M Financial Member Firms, employees, and partners to take M’s performance to the next level.”
About M Financial Group
With more than 135 Member Firms in 36 states and the United Kingdom, M Financial Group is one of the nation’s leading financial services design and distribution companies. Since 1978, M Financial’s network of independent insurance and executive benefit firms has served the needs of high-net-worth individuals, corporate executives, successful entrepreneurs, and Fortune 1000 companies.
For more information, please contact Angela Clayton Schmidt, Director, Corporate Communications, M Financial Group, at angela.claytonschmidt@mfin.com or visit our website at mfin.com.
