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Lincoln Financial names new vice president of corporate development

Lincoln Financial Group has appointed Lisa DeSimone as the new vice president of its corporate development division, effective April 1, 2008.

Previously, Ms DeSimone was a senior vice president and senior financial services officer at Delaware Investments, an affiliate of Lincoln Financial Group.

Reporting to Fred Crawford, CFO of Lincoln Financial Group, Ms DeSimone will be responsible for sourcing, evaluating and executing merger, acquisition and divestiture activities. In this role, she will work closely with business unit leaders to coordinate strategic analysis and initiatives that fit the overall growth of Lincoln Financial Group.

Mr Crawford said: With her knowledge of Lincoln Financial and background in both the insurance and asset management industries, Lisa is an ideal fit for this position and will play an instrumental part in executing our growth strategy across business lines.