AXA Equitable Life Insurance Company has hired David Kahal to be national sales manager for its life insurance wholesale organization.
Kahal, who will work in the wholesale organization headquarters in Farmington, Conn., previously was national sales manager with LifeSource/Time Financial, a unit of BISYS Group Inc., Roseland, N.J.
Kahal was national sales manager at AXA Equitable from 1998 to 2003.
Kahal has a bachelor’s degree from San Diego State University.
In other personnel news:
The U.S. asset management division at Deutsche Bank A.G., Frankfurt, has hired Rick Jackson to be a director in its global insurance asset management business. He will focus on insurers in North America and Bermuda.
Jackson, who will be based in Boston, previously was a senior relationship manager at GE Asset Management, a unit of General Electric Company, Fairfield, Conn.
Jackson has a bachelor’s degree from Middlebury College. He holds the Chartered Financial Analyst designation and is a fellow of the Society of Actuaries.
The retirement services division at Massachusetts Mutual Life Insurance Company, Springfield, Mass., has named 6 new institutional sales representatives.
The company has hired Jon Shuman to be managing director for the northern New Jersey and Manhattan territories; Richard Lynch to work out of San Francisco as the managing director supporting the career agency system in Arizona, California, Hawaii, Nevada, Oregon, Utah and Washington; Mike Sullivan to work from Chicago supporting the career agency system in the Midwest; Scott Caloway to work out of Atlanta as a managing director for the Southeast; Brian Sweeney to work out of Ohio as a rep in Kentucky, Ohio, and West Virginia; and Scott Hockenberry to work out of Chicago on the Taft-Hartley sales team for the Midwest and the western United States.
Penn Mutual Life Insurance Company, Horsham, Pa., has promoted Terry Ramey to executive vice president of technology and service operations from senior vice president.
Ramey has a bachelor’s degree in business administration and computer sciences from Ohio State University and a master’s degree from Wake Forest University.