Vlad Barbalat is President of Global Risk & Capital Solutions, and Chief Investment Officer of Liberty Mutual Group, where he also serves as a member of the executive leadership team.
In this role, Vlad oversees Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI), the company's commercial and specialty insurance, reinsurance, and investment management businesses. He is responsible for aligning Liberty Mutual's capital deployment, risk management capabilities, and strategic priorities to strengthen the company's position as a global insurance and capital solutions partner. Vlad works closely with the leadership teams of both businesses to advance Liberty's long-term growth strategy and develop innovative solutions that create value for customers, business partners, and policyholders. He is a member of Liberty Mutual's executive leadership team.
Joining LMI in 2017 as head of Investment Strategy, Vlad was later promoted to co-head of Strategy and Asset Allocation. In 2021, Vlad was appointed President of LMI and Chief Investment Officer for Liberty Mutual Group, overseeing Liberty's investment business and strategy. In April 2026, Vlad was named president of the newly formed Global Risk & Capital Solutions group in addition to continuing his role as Chief Investment Officer.
Vlad began his career at Goldman Sachs in New York, joining as an analyst in 2003. Over 13 years at the firm, he held a range of leadership roles across proprietary investing businesses and the broader Securities Division, earning a promotion to Managing Director in 2012.
In 2015, Vlad joined Grantham, Mayo, Van Otterloo (GMO), where he served as chief investment officer for the firm’s flagship Global Macro hedge fund and was a senior member of the firm’s Asset Allocation Committee.
In 1990, Vlad immigrated to the United States from Moldova, a republic of the former Soviet Union. He is fluent in Russian and has a passion for immigration causes, history, geopolitics, and national security policy.
Affiliations
Beyond his professional responsibilities, Vlad serves as a permanent member of the Council on Foreign Relations, and sits on the International Council for the Belfer Center at Harvard Kennedy School. In addition, Vlad serves on the investment committees of Mass General Brigham.
Education
Vlad earned dual Bachelor of Science degrees in Finance and Information Systems, graduating summa cum laude from New York University’s Stern School of Business in 2003. He completed his Chartered Financial Analyst (CFA) designation in 2006.
Vlad's Perspective
"At Liberty Mutual Investments (LMI), we take pride in our culture. It grounds us. It differentiates us. It guides our investment approach. We’re driven by Uncompromising Excellence, Intellectual Vitality, and Capital as a Force for Good. LMI is deeply committed to a meritocracy above all – it is nonnegotiable.”
