About C F Effron Company, LLC

Principals and associates of C F Effron Company have provided consulting services to over 100 leading institutions involved in the financial services industry.

CARMEN F. EFFRON
FLMI, CLU, ChFC

Carmen Effron is the founder and President of C F Effron Company LLC and the founder and principal of Effron Burke Associates LLC. C F Effron Company provides strategy and management consulting to numerous banks & credit unions, insurers, and reinsurers nationally and internationally. For the past 12 years the firm's focus is the intersection of banking, insurance and investments.

Previously, Ms. Effron was President of BankBoston Insurance Agency and Chief Executive Officer of BankBoston Executive Benefits, (now Bank of America). In that capacity Ms. Effron created the strategic plan, managed and had P&L responsibility for all insurance related programs for the bank. As the sales and marketing leader of a 24-member executive redesign team, she provided thought leadership to reengineer strategy, products, processes and operations of the bank, with a revenue impact of $88 million, process and cost reduction of $188 million and sales productivity up 40%.

As President of NatWest Bank's U.S. domestic insurance operations prior to their acquisition, Ms. Effron was responsible for planning, development and implementation of the bank's corporate initiatives to distribute insurance products. Ms. Effron spent five years in the European market working for the American International Group's European Life Division as Director of the Financial Institution's Strategic Business Unit. Ms. Effron also managed the marketing division and corporate communications for the U.K. insurance subsidiary of the French company, Groupe des Assurance Nationale. Her broad based financial services background includes management responsibility for the Northeast sales and marketing division of General Reassurance Corporation and as a personal money manager for Merrill Lynch.

Ms. Effron is a founding board member of the Bank Insurance Securities Association (BISA), past president of the Financial Institutions Insurance Association and past Board member and one of the founders of the ABA Insurance Association. Ms. Effron is a 6-year Board member of the prestigious Atlantic Theater Company of NYC which was founded by David Mamet and William H. Macy. She is the past chair and member of the Advisory Board for the University of Connecticut NEAG School of Education. Ms. Effron received her BA and MBA degrees from the University of Connecticut and is being inducted into the UConn School of Business Hall of Fame in 2011. Ms. Effron is a frequent public speaker whose opinions and insights are often quoted in the financial services press.