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AIG Hires Life & Retirement Separation Executive: Personnel Moves

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What You Need to Know

  • AIG, Aegon and Lincoln Financial Group all named Lincoln executives to top positions.
  • Genworth's U.S. life companies have a new CEO.
  • GCG Financial has a new managing partner.

American International Group Inc. has hired Lisa Buckingham to fill the newly created role of executive vice president and global head of AIG enterprise design and Life & Retirement separation initiatives.

Buckingham will help the New York-based insurer separate the life insurance and annuities business from the rest of the company.

Buckingham previously was executive vice president and chief people, place and brand officer at Lincoln Financial Group. Before moving to Lincoln, she spent 13 years as a human resources executive at Thomson Reuters.

Buckingham has a bachelor’s degree from Georgetown University. She is a fellow of the National Academy of Human Resources.

In other personnel moves news:

Equitable Holdings Inc. has named Robin Raju chief financial officer. He will succeed Anders Malmstrom, who is leaving the New York-based company to return to his home country of Sweden.

Raju previously was head of individual retirement.

He has a bachelor’s degree from the University of Scranton.

Equitable also has promoted Steve Scanlon to head of individual retirement, from head of group retirement, and Jessica Baehr to head of group retirement, from head of investor relations.

Aegon N.V. has named Will Fuller to succeed Mark Mullin as president and CEO of Transamerica.  Mullin will succeed Don Shepard as Transamerica’s chairman, and Shepard will retire, Aegon said.

Fuller previously was an executive vice president at Lincoln Financial Group. He  has a bachelor’s degree from The Citadel.

Before Fuller began working for Lincoln, he worked in the wealth management division at Merrill Lynch.

Lincoln Financial Group has named John Kennedy to succeed Will Fuller as president of Lincoln Financial Distributors.

Kennedy previously was head of retirement solutions distribution sales at the distribution unit. Before he began working for Lincoln, in 2009, he was a national sales manager at MetLife Investors.

He also is the chairman of the Insured Retirement Institute.

Kennedy has a bachelor’s degree from Saint Joseph’s University.

Lincoln has also expanded the role of Ellen Cooper to head up the company’s annuities business. Currently she serves as executive vice president, chief investment officer and head of risk.

Genworth Financial Inc. has named Brian Haendiges to be president and CEO of its U.S. life insurance companies. He will succeed David O’Leary, who is retiring.

Haendiges has been the Richmond, Virginia-based company’s executive vice president and chief risk officer.

Before Haendiges began working for Genworth, he was senior vice president and head of U.S. pricing and product management for MassMutual’s life insurance, disability, long-term care insurance, annuity and retirement products. He has also worked for Aetna, ING and Unum.

He is a fellow of the Society of Actuaries and a member of the American Academy of Actuaries and has a bachelor’s degree from Worcester Polytechnic Institute.

Anthem Inc. has moved three executives into positions as heads of businesses that serve state Medicaid programs and other public health programs.

The Indianapolis-based health insurer named Dr. Christy Valentine to be president of Healthy Blue in Louisiana, Jeff Davis to be president of the Healthy Blue health plan in Missouri, and Anthony Wood to be president of Amerigroup Washington, in Washington state.

Valentine previously was the Medicare regional medical director for Anthem. She has a medical degree from Louisiana State University and a master’s degree in business from the University of Chicago.

Davis previously was a market vice president for Medicaid plan operations for Healthy Blue. He has a master’s degree in business from Missouri State University.

Woods previously was the Medicaid plan president of another Anthem affiliate, Anthem Blue Cross and Blue Shield of Wisconsin. Woods has an associate degree from Berkeley College and a bachelor’s degree from the City College of New York.

GCG Financial, an arm of Alera Group, has promoted David Levitz to managing partner, from president of employee benefits. Levitz has worked for the Deerfield, Illinois-based company since 1984.

He has a bachelor’s degree from the University of Denver.

GCG also has promoted Carla DeMello to succeed Levitz as president of employee benefits. Previously she was vice president of operations for employee benefits.

From 2015 through 2017, DeMello worked for the Land of Lincoln Health insurance CO-OP, first as a senior account manager, and then as director of operations.

DeMello has a bachelor’s degree from DePaul University.

Lisa Buckingham (Photo: AIG)