Atlanta, GA, May 05, 2015 --(PR.com
)-- The Board of Directors of Atlanta Life Financial Group (ALFG) is pleased to announce the appointment of Geoffrey C. Nnadi as President and Chief Executive Officer, Atlanta Life Financial Group. Mr. Nnadi most recently served as interim President and Chief Executive Officer. Mr. Nnadi will report to the Board of Directors and assume his post immediately.
“Accepting the post as President and CEO is a most distinguished honor as it affords me the opportunity to expand my service to ALFG’s shareholders and clients,” said Mr. Nnadi. “ALFG and its subsidiaries have embarked upon a number of initiatives that will make our growth predictable, profits sustainable, and ensure the legacy of our founder Alonzo Herndon.”
“In his capacity as Executive Vice President, Chief Financial Officer, Mr. Nnadi has diligently served as a trusted financial steward of ALFG and its affiliates,” said Roosevelt Giles, Chairman of the Board of Directors. “His strategic vision and leadership are assets that provide innovation and transformation for our associates and customers.”
Mr. Nnadi has more than 30 years of experience in the financial services industry and has held various management positions within the industry, including Finance, Treasury and Operations.
Mr. Nnadi joined Atlanta Life in September 1993 as Controller. Prior to assuming the position as ALFG’s interim President and Chief Executive Officer, Mr. Nnadi held the office of Executive Vice President and Chief Financial Officer, Atlanta Life Financial Group.
Mr. Nnadi’s career also includes posts at Barclays Bank, Sun Insurance Services, Inc., and Primerica Financial.
Mr. Nnadi graduated summa cum laude in 1984 from Alabama A&M University with a BS degree in Accounting and a MBA in Accounting/Finance. He became a certified public accountant in 1992.
About Atlanta Life Financial Group
Atlanta Life Financial Group is a privately held company with a financial services platform that includes asset management, investment banking/brokerage and insurance. Atlanta Life Financial Group’s three (3) operating units include: Herndon Capital Management (HCM), an institutional investment firm specializing in high quality, dynamic, active equity strategies; Atlanta Life Insurance Company (ALIC), the oldest member of Atlanta Life Financial Group’s Family of Companies, whose capabilities include the reinsurance of group life insurance and dental benefits; and Atlanta Life General Agency (ALGA), a subsidiary of Atlanta Life Insurance Company, is a multi-line insurance broker that offers personal and commercial lines of property and casualty coverage, including E&O and D&O, as well as life, health and other financial service products.