GCOA Founding Member Andy Sieg of Bank of America Merrill Lynch to Be Honored with American Federation for Aging Research Chairman’s Award

NEW YORK (November 12, 2014) – The Global Coalition on Aging (GCOA) congratulates Andy Sieg, Managing Director and Head of Global Wealth & Retirement Solutions at Bank of America Merrill Lynch, on receiving the 2014 Chairman’s Award of Distinction from the American Federation for Aging Research (AFAR). Under Sieg’s leadership, Bank of America Merrill Lynch became a founding member of the Global Coalition on Aging in 2011. Sieg’s long-standing commitment to the topic of aging has included robust research on changing perceptions of retirement and opportunities of the silver economy as well as new products and services to help individuals prepare financially for longer lives.

“Andy is an innovative leader who understands the changing needs of the growing aging population, and GCOA is proud to be a partner working with him and his team to identify solutions for businesses and consumers that enable the silver economy,” said Michael Hodin, Executive Director of the Global Coalition on Aging. “We applaud Andy on his efforts and congratulate him on this well-deserved award.”

Sieg will accept the 2014 AFAR Chairman’s Award during AFAR’s Regional Awards Dinner tonight in New York City.

Please visit the Bank of America Merrill Lynch and American Federation for Aging Researchwebsites for more information.

Latest Developments

We keep our members and partners in touch with the most recent updates and opinions in the worldwide dialogue on population longevity and related issues.

A Bipartisan Bill Could Prevent The Next Pandemic

In Washington, Republicans and Democrats are typically at loggerheads when it comes to healthcare policy. Just consider the recent Inflation Reduction Act, which made extensive changes to Medicare and also extended Affordable Care Act subsidies. Every single congressional Democrat voted for the legislation, while every single member of the GOP voted against it. But occasionally, a bill is such an obviously good idea, and so desperately needed, that it commands significant bipartisan support. The PASTEUR Act, co-sponsored by 31 Democrats and 31 Republicans in the House and two members of each party in the Senate, is just such a bill.

Korea Must Act Now to Combat Growing AMR Threat

Public officials are overlooking one of the gravest long-term threats to the Korean people, the health system, and economy: antimicrobial resistance (AMR). Some pathogens ― bacteria, fungi, parasites, and viruses ― have evolved strains that resist the antimicrobial medications we currently have available to fight them. Health care professionals often must watch helplessly as patients succumb to infections that antibiotics could once have easily beaten. They know that new antimicrobials, including and especially antibiotics, could easily gain the victory ― but they have none at their disposal.

Policy Statement on the Impact of Price Negotiations on Innovation, Healthy Aging and Equity

As the CEO of the Global Coalition on Aging (GCOA) and a newly formed cross-sector Alliance for Health Innovation, we write to express our deep concern with the current legislation that allows for price “negotiations” in Medicare – a thinly veiled signal for America’s plunge into price controls that will have a devastating and adverse impact on biopharmaceutical innovation and our nations’ ability to support healthy aging. 

Ignoring the ‘Silver Economy’ May Be Getting Costly for Brands

In an ad for Airbnb that premiered earlier this year, a couple checks into a cozy Spanish villa. To the tune of Jay-Z's cover of "Me and My Girlfriend," the ad shows the pair settling into their rental and setting their collective dial to chill. They play ping-pong, sip some wine, and get ready for a night on the town. They're also in their 80s, celebrating their 57th wedding anniversary. In no way does the ad characterize the couple as elderly or portray them as needing special aid or services — they are just active people who happen to be old. It's a rare example of ads featuring a realistic depiction of aging.

Health Equity Promise and That Innovation Thing

President Biden has pledged his administration to defeat cancer, Alzheimer’s, and other diseases that target America’s aging population. To achieve these lofty goals, bold words must be backed up by bold actions.

Roundtable Report Highlights Importance of Immunizing Canada’s Caregivers Against Influenza, Identifying Challenges and Opportunities to Protect This Critical Group

The Global Coalition on Aging (GCOA) today released a report summarizing key insights from an expert roundtable on vaccinating Canada’s caregivers against influenza. The roundtable, held virtually, brought together leading Canadian health policy experts, family caregivers, patient advocacy groups, aging experts, and other thought leaders to discuss challenges and strategies to reach this critically important yet hard-to-reach group.