This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Aflac Incorporated Promotes Global Chief Investment Officer Eric M. Kirsch To Executive Vice President

COLUMBUS, Ga., July 30, 2012 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that Eric M. Kirsch has been promoted to executive vice president, Global Investments, while continuing as global chief investment officer reporting to Aflac Incorporated Executive Vice President and Deputy Chief Financial Officer Kenneth S. Janke Jr.  Kirsch joined Aflac in November 2011 as first senior vice president; global chief investment officer. In his role, he will remain responsible for management of Aflac's $109 billion investment portfolio and its team of more than 50 investment professionals. Kirsch will continue to oversee the company's investment efforts from the newly established Wall Street office.

Before joining Aflac, Kirsch most recently served as managing director and global head of insurance asset management, including portfolio management, insurance advisory services and distribution at Goldman Sachs Asset Management (GSAM). Kirsch was recruited by GSAM to create a dedicated global insurance business. In that capacity, he managed a global team of more than 55 professionals and was instrumental in elevating GSAM's reputation as a top insurance asset manager. Prior to joining Goldman Sachs, he spent 27 combined years at Deutsche Asset Management (DeAM) and Bankers Trust Company, most recently serving as managing director and global head of insurance asset management. At DeAM, Kirsch was responsible for a staff of more than 100 people including teams in North America, Europe and Asia and oversaw total insurance assets of more than $150 billion while a member of the Global Operating Committee of DeAM. Prior to this, Kirsch served as managing director and head of North America Fixed Income, responsible for more than $150 billion of assets across institutional and retail clients and multiple fixed income investment strategies. He also previously served as vice president and stable value portfolio manager at Bankers Trust Company. Kirsch received a bachelor of business administration in business and finance from Baruch College in 1984, and a master's of business administration from Pace University in 1988. He earned his CFA designation in 1990.

Commenting on the announcement, Aflac Incorporated Executive Vice President and Deputy Chief Financial Officer Kenneth S. Janke Jr. said: "I have enjoyed working with Eric since he joined the Aflac team about eight months ago. Eric's knowledge and expertise are great assets to Aflac, and he will be presented with greater opportunity to apply his strengths in the future. He has been instrumental in helping shape Aflac's vision for the global investment function, and I look forward to his additional contributions."

Chairman and Chief Executive Officer Daniel P. Amos added: "I have been extremely impressed with the accomplishments Eric has achieved since joining Aflac. He has truly put us off to a great start in leading the transformation of Aflac's investment function and has initiated a strategy that positions us to be world-class. I remain pleased with his direction and leadership, and I look forward to the continued success of Aflac as we further build out our investment organization."

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs