Rosemarie Bonelli was appointed Chief Executive Officer of the YWCA of the City of New York in July 2017. Prior to that she was a member of the board and treasurer of the YWCA of the City of New York. Rosemarie is a senior financial services executive specializing in turnarounds that are designed to drive both top and bottom line growth. As Senior Vice President of AIG’s Global Surety Business and then President (2010 -2014), she more than doubled revenue by expanding both the client base and the global footprint. She also created the AIG ecoPractice which focused on addressing client’s concerns regarding climate change.
Her managerial initiatives across the financial services industry notably include banking, insurance and asset management matters. Rosemarie’s risk management experience emphasizes counterparty credit, operational, capital, documentation and market risk.
At JP Morgan Chase she led the merger and integration of Chase’s and Chemical’s securities lending businesses and regionalized operational processing and systems development overseas. A three year stint in Asia as a Regional Operations and Systems Executive advanced her international perspective.
Ms. Bonelli earned her MBA from the Wharton School (University of Pennsylvania) and an MA in Economics from Fordham University. Earlier, she earned an MS and a BA simultaneously as part of a dual degree program from the State University of New York at Stony Brook. She completed substantive PhD work in Economics at Fordham University before moving to Asia.
An active member of the Financial Women’s Association, in 2015 she served as Co-Chair of the Financial Women’s Association’s International Business Conference in London. In 2017, she became the Co-Chair of the FWA Executive Leaders Committee and a member of the FWA Nominating Committee.
She presently serves as a Director and Treasurer of the Board of the Wharton Business School Club of New York. Ms. Bonelli was a member of the Board of Directors of the Park Avenue Methodist School and has previously served on the Board of the Surety and Fidelity Association of America.