Pacific Life Insurance Company, Newport Beach, CA, has named Khanh T. Tran as President of Pacific Life and Adrian S. Riggs as Chief Financial Officer.
The March 8 announcement was made by Chairman and CEO James T. Morris and the changes will take effect on April 1, 2012.
Both Tran and Griggs are being promoted from within in the company and both have intricate knowledge of the company’s operations.
Tran joined Pacific Life as treasurer in 1990 and was subsequently promoted to Vice President of Corporate Development and Treasurer in 1995. Tran’s aptitude for mergers, acquisitions and strategic new businesses propelled him to get elected to the board of directors of Pacific Life Insurance Company and become chief financial officer in 1996 and chief investment officer in 2011.
Griggs joined Pacific Life in 1994 in the role of an assistant vice president where he arranged and facilitated financial reporting and planning for Pacific Life’s institutional products. He moved on to join the Retirement Solutions Division in the role of vice president where he managed financial, budgeting, planning and compliance operations for the company’s annuity and mutual fund product lines. Promoted to senior vice president in 2008, for Institutional & Structured Products and Risk Management, he will replace and report to Mr. Tran.
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