The board of the National Association for Fixed Annuities has picked Charles DiVencenzo to be the group’s new president and chief executive officer.
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DiVencenzo is set to take the helm April 1.
At NAFA, members serve as the board leaders. The group’s president oversees day-to-day operations.
Jim Maietta is NAFA’s chair.
Chip Anderson, the previous chief executive officer, announced plans to retire about a year ago. NAFA had hoped to find a new president quickly, but it ended up announcing in the summer that it was extending the search.