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Life Health > Life Insurance

Personnel Changes: AXA, Deutsche Bank, Others

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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.

American Specialty Health Inc., San Diego, has given the title of president to Robert White, the company’s chief operating officer.

White previously was the COO but not the president.

American Specialty Chairman George DeVries has been the president of American Specialty as well as the chairman. He will keep the title of chairman, the company says.

White has served on the board of the California Association of Health Plans, Sacramento, Calif., and the board of the American Association of Preferred Provider Organizations, Louisville, Ky.

White has a bachelor’s degree in business administration from California State University-Northridge and a master’s degree in business from Pepperdine University. He is a fellow of the Life Management Institute.

Health Plan Administrators Inc., Rockford, Ill., a unit of Independence Holding Company, Stamford, Conn., has named James Kenneally to be chief sales and marketing officer and senior vice president.

Kenneally previously was vice president of corporate development at Independence Holding and senior vice president of business development at the Independence Holding Health Solutions unit.

Genworth Financial Inc., Richmond, Va., announced the appointment of a number of executives as company vice presidents in addition to their current responsibilities, including: Ward Bobitz, senior counsel; Kelly Groh, financial planning, analysis and investor relations; Mary Catherine Savage, human resources-retirement and protection; and Matt Sharpe, retirement income product development.

Crump Group Inc., Roseland, N.J., has named Brian Winikoff president of its life insurance services division.

Dave Obenauer replaces Winikoff as chief financial officer of the company. Both report to John Howard, president and chief executive officer.

Imperial Finance & Trading LLC, Boca Raton, Fla., has hired a former deputy attorney general from Pennsylvania.

Imperial, which finances life insurance premiums and life settlements, added Mitchell A. Cohen as senior attorney. Cohen had been with the medical fraud division of the Pennsylvania Office of the Attorney General.


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