RGA appoints president
The board of directors of Reinsurance Group of America (RGA) has appointed Anna Manning as president, effective as of 1 December, 2015.
Manning replaces Greig Woodring, currently president and chief executive officer (CEO), who will remain CEO until his planned retirement in late 2016.
The board plans to appoint Manning as CEO at the end of 2016 and it looking to elect her to the board of directors, effective in January 2016.
Manning currently holds the position of senior executive vice president, structured solutions, which includes the company’s global financial solutions and global acquisitions businesses, as well as global analytics and in-force optimisation teams. Prior to this, she spent four years as executive vice president, US markets.
Woodring joined the reinsurance division of General American Life Insurance Company in 1979 as an actuary, and assumed responsibility for General American’s reinsurance business in 1986. General American’s reinsurance division led to the formation of RGA and its initial public offering in May 1993.
“On behalf of RGA’s board of directors, I would like to recognise Greig’s leadership of RGA for nearly thirty years, both as a distinguished steward of the business, and as an innovative visionary,” said Cliff Eason, chairman of the board of directors of RGA.
“Anna is the right person to lead RGA into the future and to capitalise on the abundant opportunities we see ahead.
Woodring added: “It has been extraordinarily gratifying to have spent the majority of my working years leading RGA’s dedicated teams, through challenges and triumphs, to build a highly successful global organisation.
“Although I will continue as CEO throughout 2016, I plan to gradually turn over my responsibilities to Anna so she is fully transitioned by the end of next year. Anna shares my optimism about the future of the insurance industry, and we agree that RGA will play a meaningful role in identifying significant opportunities and navigating ongoing changes in the complex industry in which we operate.”
Manning commented: “I am grateful for the opportunity to lead our great company, and for the trust and confidence placed in me by Cliff, Greig and the board.”
