Empower CEO Ed Murphy named to Investment Company Institute Board of Governors
Empower CEO Ed Murphy named to Investment Company Institute Board of Governors
Empower CEO Ed Murphy named to Investment Company Institute Board of Governors
Appointment underscores Empower’s leadership in retirement, investing and expanding financial opportunity for Americans
GREENWOOD VILLAGE, Colo., October 15, 2026 — Empower today announced that President and Chief Executive Officer Edmund F. Murphy III has been elected to the Board of Governors of the Investment Company Institute (ICI), the leading trade association representing regulated investment funds worldwide.
Murphy joins a distinguished group of financial services executives who provide strategic leadership and direction to ICI as it advocates for policies that support investors, strengthen capital markets and advance innovation across the investment management industry.
“ICI plays an important role in shaping policies that help Americans invest with confidence and build long-term financial security,” said Murphy. “As the financial landscape continues to evolve, our industry has a tremendous opportunity to expand access to investing, encourage innovation and help more people achieve their financial goals. I look forward to working with my fellow governors to advance these priorities and strengthen outcomes for the millions of Americans we serve.”
Murphy’s appointment comes as Empower continues to expand its role in helping Americans save, invest and plan for their financial futures. As one of the nation’s leading retirement services providers, Empower brings a perspective shaped by its work with employers, retirement plan participants and individual investors across the country.
ICI’s Board of Governors comprises senior executives and leaders from across the investment management industry. The board helps guide the association’s policy priorities, research and advocacy efforts on behalf of regulated funds and the investors they serve.
Murphy was elected alongside seven other industry leaders. ICI also announced that Andrew Schlossberg, President and CEO of Invesco Ltd., will serve a second year as Board Chair, and George Walker, Chairman and CEO of Neuberger Berman, will serve a second year as Vice Chair.
Founded in 1940, ICI represents more than 29,000 regulated funds worldwide and works with policymakers and regulators to promote effective regulation, responsible innovation and the interests of investors.
About Empower
Recognized as a leader in retirement services and wealth management,1 Empower administers more than $2.2 trillion in assets1 for more than 20 million individuals through the provision of workplace and individual retirement plans, advice, financial planning and investments.2 Connect with us on empower.com, Facebook, X, LinkedIn, TikTok, and Instagram.
Media inquiries
How well are your investments performing?
Analyze your portfolio in minutes and receive a target allocation for your goals.
1 Pensions & Investments DC Recordkeeper Survey (2025). Ranking measured by total number of participants as of December 31, 2025.
2 As of June 30, 2026. Information refers to all retirement business of Empower Annuity Insurance Company of America (EAICA) and its subsidiaries, including Empower Retirement, LLC; Empower Life & Annuity Insurance Company of New York (ELAINY); and Empower Annuity Insurance Company (EAIC), marketed under the Empower brand. Assets under Administration (AUA) refers to the assets administered by Empower. AUA does not reflect the financial stability or strength of a company.
Empower refers to the products and services offered by Empower Annuity Insurance Company of America and its subsidiaries. “EMPOWER” and all associated logos and product names are trademarks of Empower Annuity Insurance Company of America.
The information contained herein is being provided for discussion purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy or sell securities. All visuals are illustrative only.
©2026 Empower Annuity Insurance Company of America. All rights reserved. WF-7183000-1026 RO-6006199-1026