Pan-American Life Insurance Group Announces New Global Benefits Structure and Leadership

NEW ORLEANS–(BUSINESS WIRE)–Pan-American Life Insurance Group (PALIG), a leading provider of
insurance and financial services throughout the Americas, announced
today that John Foley, President of the U.S. Group business, will be
retiring September 1, 2018. Robert DiCianni, current President of the
company’s International Group business will assume leadership of the new
Global Benefits unit, which consolidates the International and U.S.
Group businesses under one organization.

A nine-year veteran of PALIG, Mr. Foley led the company’s health and
accident employee benefits business, inclusive of product development
and distribution activation, in the United States and its territories.
He also was responsible for the Special Markets business. Mr. Foley’s
time with Pan-American Life caps a long and distinguished career as an
insurance executive, dating back more than 30 years.

“John has been planning for this moment for some time and he leaves
behind a very strong foundation and team in our Group Benefits business
in the United States,” said José S. Suquet, Chairman of the Board,
President and CEO of Pan-American Life Insurance Group. “I will miss a
true partner who over the last nine years has been an integral part of
the success and historic growth of Pan-American Life.”

Mr. DiCianni, who has been with PALIG since 2011, will now be President
of Global Benefits with responsibility for the company’s employee
benefits, multinational solutions, individual health and mass marketing
businesses across all geographies. He boasts a long track record as an
insurance executive with various companies in the U.S. and Latin America.

“The transition of these two groups under the Global Benefits structure
will allow our teams to better leverage best practices and provide new
and expanded opportunities to Pan-American Life employees,” said Suquet.
“Bob has led the transformation of our International Group business.
Under his leadership, the Global Benefits is poised to deliver on our
strategic priorities and drive future growth.”

About Pan-American Life Insurance Group

Pan-American Life Insurance Group is a leading provider of insurance
and financial services throughout the Americas that has been delivering
trusted financial services since 1911. The New Orleans-based Group is
comprised of more than twenty member companies, employs more than 1,950
worldwide and offers top-rated individual and/or group life, accident
and health insurance, employee benefits and financial services in 49
states, the District of Columbia (DC), Puerto Rico, the U.S. Virgin
Islands, and throughout Latin America and the Caribbean. The Group has
branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador,
Guatemala, Honduras, Mexico, Panama, and 13 Caribbean markets, including
Barbados, Cayman Islands, Curacao and Trinidad and Tobago. For more
information, visit the Pan-American Life Web site at palig.com,
like us on Facebook @PanAmericanLife,
follow us on Twitter @PanAmericanLife,
and connect with us on LinkedIn at Pan-American Life
Insurance Group.

Contacts

Pan-American Life Insurance Group
Marta C. Reeves, 786-453-3825
MReeves@palig.com
or
Fleishman-Hillard
Adriana
Infante, 305-520-9018
adriana.infante@fleishman.com