Conning Corporation Names Joseph C. Duwan Executive Vice President.Business Editors HARTFORD, Conn.--(BUSINESS WIRE)--Jan. 31, 2001 Conning Corporation announced today that it has named Joseph C. Duwan to the position of Executive Vice President, Director of Research. As head of Conning's Institutional Equity Research Group, Mr. Duwan will lead the company's strategic business effort to expand its current research and equity capabilities into the banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. sector. The Research Group currently covers a broad range of national publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. in the insurance and healthcare industries. It also provides trading and offers underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. services for companies seeking to raise public equity capital. With over 17 years experience in equity research and corporate finance, Mr. Duwan most recently served at Keefe Bruyette & Woods as Senior Vice President, Equity Research, Commercial Banks and Thrifts. He is a member of the Bank and Financial Analysts Association of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . At Conning, Mr. Duwan will direct one of the company's priority business initiatives, which is to broaden its research expertise into the banking sector, building on its long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. experience in analyzing the insurance industry. "The convergence that is occurring among the various elements of the financial services sector, including both insurance and banking, makes this a natural initiative for Conning," said Mr. Duwan. "This is a perfect complement to Conning's existing research products and expertise." In commenting on Mr. Duwan's new position, James L. Lipscomb, Conning's President and Chief Executive Officer, said, "I'm extremely pleased to be able to have someone of Joe's stature stature /sta·ture/ (stach´ur) the height or tallness of a person standing.stat´ural stat·ure n. The height of a person. stature the height of an animal in the standing position. to lead us in the expansion of our research product to include a broader financial service focus. This effort is in line with our strategic plan and fundamental to our efforts to continue to build on Conning's strong research reputation." Conning & Company, member NASD/SIPC, is a subsidiary of Conning Corporation. Conning Corporation, through its subsidiaries, provides asset management services to insurance companies, manages private equity funds investing in financial service companies, and conducts in-depth research on the financial services industry. Conning & Company is located at CityPlace II, 185 Asylum asylum (əsī`ləm), extension of hospitality and protection to a fugitive and the place where such protection is offered. The use of temples and churches for this purpose in ancient and medieval times was known as sanctuary. Street, Hartford, CT 06103. |
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