JAB Insurance Strengthens Leadership Team and Board to Propel Growth in Life Insurance Sector

JAB Insurance has made a strategic move to solidify its position in the life insurance market by announcing the appointment of Jin Chang as its new Partner, alongside the addition of three new executives and four independent directors to its newly established Board. This development is a clear indicator of the firm's dedication to assembling a team of experienced professionals to drive its ambitious growth plans.

Jin Chang, with over three decades of insurance industry experience, is set to join JAB Insurance in July. His previous role as Senior Vice President of Finance at Athene, Apollo Global Management’s U.S. Insurance and Retirement Business, brings a wealth of knowledge and expertise to JAB. Anant Bhalla, Senior Partner and Chief Investment Officer at JAB, praised Chang's appointment, citing their history of collaboration and Chang's ability to enhance the firm's value proposition for its stakeholders.

The firm also welcomes Guillaume Briere-Giroux, Andrew Taktajian, and Kyle Hales, each bringing specialized skills in life and annuity products, legal, and regulatory affairs, further strengthening JAB's operational and strategic capabilities. The establishment of an independent Board, featuring industry veterans David S. Mulcahy, Gary 'Doc' Huffman, Olav Cuiper, and Ron Veith, underscores JAB's commitment to superior corporate governance and strategic oversight.

With the acquisition of Family Life and the impending purchase of Prosperity Life, JAB Insurance is on track to manage over $25 billion in policyholder reserves and serve a million policyholders. These strategic moves, supported by a reinforced leadership team and an independent Board, position JAB Insurance as a significant contender in the life insurance sector, with a clear roadmap for sustainable growth and value creation.