Dave Dowrich – Chief Financial Officer at Teachers Insurance and Annuity Association of America

Dave Dowrich is the Chief Financial Officer for TIAA, a financial services company. Based in New York City, he reports to TIAA President and CEO Thasunda Brown Duckett.

Dave joined TIAA on November 1st from Prudential Financial, where he served as CFO for its international business in Japan. Prior to that, he held senior-level positions with insurance giant American International Group.

Early Life and Education

David Dowrich was born and raised in Barbados. He holds a Bachelor of Science degree in Actuarial Science and Applied Statistics from the University of Toronto as well as an MBA from the Wharton School of Business.

He began his career as an employee benefits consultant in Toronto. Subsequently, he relocated to Barbados and worked for a Canadian insurance company’s reinsurance operations division.

Dave has been a Certified Financial Analyst (CFA) charterholder since 2002 and an active participant in the Association of Financial Professionals.

Dave Dowrich has achieved success in a wide variety of positions throughout his career. He is renowned for his leadership abilities and capacity to motivate others. Furthermore, Dave serves as an author and life coach.

Professional Career

Over his nearly 30-year career, Dave Dowrich held several senior executive roles at American International Group, including interim CEO of international life and retirement; CFO of AIG Japan and Asia Pacific; and chief financial actuary for institutional markets. Additionally, he served as senior investment banker at Goldman Sachs and Credit Suisse where he advised life, non-life and financial guaranty insurance clients on policies. Furthermore, Dave also has reinsurance and structuring experience from Swiss Re and Canada Life Reinsurance companies.

He recently joined Teachers Insurance and Annuity Association of America (TIAA) as their senior executive vice president and chief financial officer, responsible for all financial management, planning, actuarial, tax, and accounting operations and strategies. Based in New York, his role will report directly to TIAA President and CEO Thasunda Brown Duckett.

Achievements and Honors

Dave Dowrich is a first-generation college-educated Barbadian who earned an MBA from the Wharton School of Business. Additionally, he holds an honors bachelor’s degree in actuarial science and applied statistics from the University of Toronto.

He is a fellow of the Society of Actuaries, an associate member of the American Academy of Actuaries and an active participant in the Canadian Institute of Actuaries. With extensive experience in insurance and investment management, he has held senior-level posts at American International Group Inc. and Prudential Financial, where he served as CFO for its international businesses.

He has been appointed Senior Executive Vice President and Chief Financial Officer of Teachers Insurance and Annuity Association of America – College Retirement Equities Fund (TIAA), New York’s largest retirement services firm with $1.3 trillion in assets under management. Effective November 1st, he will join TIAA’s executive committee as a member.

Personal Life

Dave Dowrich is a longtime banking and insurance executive who recently joined Teachers Insurance and Annuity Association of America (TIAA) as its Chief Financial Officer. Based in New York, his report will be to President and CEO Thasunda Brown Duckett.

He will oversee all financial planning, general account management and reporting as well as actuarial, tax and accounting operations and strategies. Furthermore, TIAA announced Wednesday that he has been appointed to their executive committee.

He has served as chief financial officer of Prudential Financial’s international business and held leadership roles at insurance giant American International Group. Over his 30-year career, he also has experience working in investment banking at Goldman Sachs and Credit Suisse as well as reinsurance and structuring with Swiss Re and Canada Life Reinsurance.

Net Worth

Dave Dowrich is a Senior Executive Vice President and Chief Financial Officer for Teachers Insurance & Annuity Association – College Retirement Equities Fund (TIAA). Additionally, he serves on the board of TIAA with over 30 years of experience; previously serving as Chief Financial Actuary for American International Group. In addition, he held senior roles at Goldman Sachs and Credit Suisse where he advised life, non-life and financial guaranty insurance clients. A Chartered Financial Analyst charterholder by profession, Dave holds his bachelor’s degree from University of Toronto; also affiliated with Society of Actuaries & Canadian Institute of Actuaries

His estimated net worth is believed to be $800,000. He enjoys spending time with family and friends, posting pictures of himself on Instagram for all to see.