Mutual fund insurer New York Life announced the promotion of Managing Director Jomil Guerrero to chief diversity officer.

Most recently a managing director within New York Life Investment Management, Guerrero will report to Kathleen Navarro, senior vice president, head of business enablement. Navarro will continue to oversee all diversity, equity, and inclusion efforts.

Guerrero will be responsible for fostering a diverse and inclusive culture into New York Life’s talent practices, business strategy, and community engagement.

Previously, Guerrero served as chief operating officer of IndexIQ, a New York Life Investments boutique. She joined New York Life in 2011 as director of finance for both the investment management and investors units.

Prior to New York Life, she was U.S. controller for the Riverside Company and controller at Muirfield Capital Management.