The Treasury Career Corner

How Saying Yes Built a 30-Year Career in Treasury


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In this insightful episode, Tom Hendry, SVP and Treasurer at New York Life Insurance Company, shares how embracing diverse roles and challenges throughout his career helped him become a strategic finance leader.

Discover how saying “yes” to opportunity, embracing turbulence, and building business acumen turned treasury from a cost center into a driver of value.

Tom Hendry is the Senior Vice President and Treasurer at New York Life Insurance Company, one of the largest and most respected mutual life insurers in the U.S. With a career spanning over 30 years, Tom brings a wealth of experience across investment banking, consulting, asset liability management, and treasury leadership.

Main topics discussed:

  • Tom’s career journey to date and current role leading treasury at New York Life.
  • Lessons learned from economic downturns and working on commercial mortgage workouts.
  • Navigating two careers at Prudential Financial, including leading pension risk transfer deals.
  • Transitioning into mainstream treasury and evolving the function into a profit center.
  • Managing relationships with banks, regulators, and rating agencies through trust and transparency.
  • The transformation of treasury from back-office support to strategic partner.
  • Embracing AI and technology as tools to enhance small treasury teams.
  • Communicating effectively with stakeholders: boards, C-suite, and internal teams.
  • Skills tomorrow’s treasurers need: business acumen, adaptability, and partnership orientation.
  • Career advice: own your path, stay curious, be solutions-oriented, and embrace every opportunity.

You can connect with Tom Hendry on LinkedIn.

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The Treasury Career CornerBy Mike Richards

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