kelli parsonsKelli Parsons, senior VP and chief communications officer for Fannie Mae, is moving to New York Life in its top communications post later this month.

Parsons spent the past four years at Fannie Mae, the $3 trillion government mortgage giant that was battered in the financial crisis.

At New York Life, the largest mutual life insurance company in the US, she will take the title chief corporate communications and marketing officer, starting Nov. 17. She reports directly to CEO and chairman Ted Mathas.

Elizabeth McCarthy, previously head of corporate communications, is now in charge of insurance and agency group communications for New York Life.

Parsons previously led global comms. and marketing for private equity firm Warburg Pincus and was EVP and GM for Hill+Knowlton in New York.

She started out in broadcast journalism in with posts in Paducah, Ky., Nashville, Louisville and Houston.

Maureen Davenport is VP of corporate comms. at Fannie Mae.