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BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation announced that Michelle Moloney, FSA, CFA has been appointed Chief Risk Officer of the Company effective November 7. In her role, Moloney will lead the Company’s Enterprise Risk Management (ERM) program, providing oversight of enterprise risks, including insurance, actuarial and product, credit, trading and hedging, market, interest rate and equity, operational, regulatory and reputational.
Michelle will report to the Executive Vice President, Finance and Risk, Michael G. Temple.
Moloney previously worked in a variety of management, risk and strategy roles at Transamerica Re, AEGON Group, McKinsey & Company, Swiss Re, and Manulife Reinsurance, amassing more than twenty total years of insurance industry experience, including most recently serving as Senior Vice President, Strategy & Regulation for the Reinsurance Division of Wells Fargo in Charlotte, NC.
“Michelle’s knowledge and experience will be a great asset to Protective as we draw on resources like her to help the Company make sound decisions in a changing financial and regulatory environment,” said Temple. “We have a strong team in place at Protective, and Michelle will help leverage the capability to positively impact our business.”
For more information about Protective Life Corporation, please visit www.protective.com.
Protective Life Corporation provides financial services through the production, distribution and administration of insurance and investment products throughout the U.S. The flagship subsidiary, Protective Life Insurance Company, was founded in 1907. Protective’s home office is located in Birmingham, Alabama and as of September 30, 2016, Protective had assets of approximately $76.2 billion. Protective Life Corporation is a wholly owned subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750, “Dai-ichi”)
For more information on Protective, please visit www.Protective.com.