COLUMBUS, Ga., Oct. 26, 2015 /PRNewswire/ -- Aflac, the
leading provider of voluntary insurance at the work site in
the United States, announced today
that Eric Kirsch, the company's
global chief investment officer, has been named to the Power 100
List of CIOs by Chief Investment Officer Magazine. It is the first
time that Kirsch and Aflac have been represented on this
prestigious list. According to CIO Magazine, Kirsch brought a
"track record of vision and success" to Aflac when he was hired in
2011.
"We are pleased and proud that Chief Investment Officer Magazine
recognized Eric's contributions to our company with this tremendous
accolade," Aflac Executive Vice President, Chief Financial Officer
Frederick Crawford said. "Eric's
leadership in building a top-tier investment practice has been
critical to creating and defending shareholder value in volatile
capital markets. As a member of executive management, Eric's
efforts have enhanced our strong franchise in the US and
Japan ensuring the security that
our customers need when they choose Aflac as their voluntary
insurance provider."
According to CIO Magazine, the Power 100 was selected based upon
five categories: innovation (30 percent), collaboration (30
percent), talent development (20 percent), fund size (15 percent)
and asset-owner tenure (5 percent).
"Eric Kirsch caught our attention
initially because of his stellar background. Having led the
investment activities of the insurances divisions for the most
prestigious investment firms, his choice to manage a portfolio
in-house spoke to his passion for this industry," said Chief
Investment Officer Magazine Managing Editor Leanna Orr. "But it's what he did with Aflac's
fund that earned him one of just two U.S. insurance CIO positions
on the Power 100: Building a team almost from scratch, opening a
brand-new office, engaging with peer CIOs, overhauling the
portfolio to manage a very specific risk profile and continuing to
serve the community as a Baruch College
investment board member."
Kirsch is responsible for Aflac's $104
billion investment portfolio and is charged with a mission
of achieving high average asset quality through diversification and
by identifying attractive investment opportunities around the
world, while mitigating risks. Kirsch manages a team of more than
50 investment professionals.
About Aflac:
When a policyholder gets sick or hurt,
Aflac pays cash benefits fast. For nearly six decades, Aflac
insurance policies have given policyholders the opportunity to
focus on recovery, not financial stress. In the United States, Aflac is the leading
provider of voluntary insurance at the work site. Through its
trailblazing One Day PaySM initiative, Aflac U.S. can
receive, process, approve and disburse payment for eligible claims
in one business day. In Japan,
Aflac is a leading provider of medical and cancer insurance and
insures 1 in 4 households. Aflac individual and group insurance
products help provide protection to more than 50 million people
worldwide. For nine consecutive years, Aflac has been recognized by
Ethisphere magazine as one of the World's Most Ethical Companies.
In 2015, Fortune magazine recognized Aflac as one of the 100 Best
Companies to Work For in America for the 17th consecutive year.
Also, in 2015, Fortune magazine included Aflac on its list of Most
Admired Companies for the 14th time, ranking the company No. 1 in
innovation for the insurance, life and health category. Aflac
Incorporated is a Fortune 500 company listed on the New York Stock
Exchange under the symbol AFL. To find out more about Aflac and One
Day PaySM, visit aflac.com or espanol.aflac.com.
Aflac herein means American Family Life Assurance Company of
Columbus and American Family Life
Assurance Company of New York.
Media contacts – Jon Sullivan,
706.763.4813 or jsullivan@aflac.com
Analyst and investor contact – Robin Y.
Wilkey, 706.596.3264 or 800.235.2667, FAX: 706.324.6330, or
rwilkey@aflac.com.
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SOURCE Aflac