M Financial Group today announced the addition of Grace Vandecruze and Gabriel L Shaheen to the M Financial Holdings Incorporated (MFH) Board of Directors. The MFH Board approved the recommendation of the MFH Nominating Committee during its meeting on July 16, 2015. The MFH Board is comprised of 13 Directors: nine who are Principals of M Member Firms, three outside Directors, and the President and CEO of M Financial Group, Fred Jonske.
Grace Vandecruze is the Founder and Managing Director of Grace Global Capital LLC, a financial services firm specializing in financial advisory, restructuring, valuation, and capital-raising services to corporations and organizations around the world. Grace has extensive expertise in mergers and acquisitions and capital-raising in both the private and public markets for financial institutions. She was a Managing Director at Swiss Re and was responsible for the firm's regulatory advisory practice in the insurance and financial services industries. She has been featured in numerous publications including the books Doing it for Ourselves: Success Stories of African-American Women and Be Happy at Work: 100 Women Who Love Their Jobs, and Why. Grace received a BBA in accounting from Pace University and an MBA in finance from the University of Pennsylvania, The Wharton School. She is a Certified Public Accountant and is a member of the AICPA.
Gabriel L Shaheen is the President and CEO of GLS Capital Ventures, and a Partner in NxtStar Ventures, both financial services advisory firms. Gabe spent 23 years at Lincoln National Corporation, during which he was at times running the reinsurance business, then the U.K. and U.S. life and annuity businesses. He currently serves on the board of Horace Mann Educators Corp as Chairman of the Board, and has Chaired its Compensation Committee, Governance and Nominating Committee, and Executive Committee. He is also a Board Member of Steel Dynamics, Inc. Gabe received a BA in actuarial math and a master’s in actuarial science (MAS) from the University of Michigan. He is also a Fellow of the Society of Actuaries.
Fred Jonske, President and CEO of M Financial Group, said: “We are excited that Grace and Gabe have joined our Board. They are proven leaders—within their firms, the industry, and their communities—and will bring fresh insight, strategic vision, and unique perspectives that will benefit the M Community in an increasingly dynamic environment. I look forward to the contributions they will undoubtedly make and the impact they will have on the future of our organization.”