ST. LOUIS--(BUSINESS WIRE)--Dec. 17, 2013--
Reinsurance Group of America, Incorporated (NYSE: RGA) today announced
the appointments of Christine Detrick, former Director and Head of
Americas Financial Services Practice of Bain & Company, Inc., and Joyce
Phillips, Chief Executive Officer, Global Wealth, Australia and New
Zealand Banking Group Limited (ANZ), to its Board of Directors,
effective January 1, 2014. As independent directors, Detrick will serve
on the Audit Committee and Nominating & Governance Committee and
Phillips will serve on the Compensation Committee and Nominating &
Governance Committee.
“I am extremely pleased to welcome Christine and Joyce to our Board,”
said President and Chief Executive Officer Greig Woodring. “We look
forward to benefitting from their significant experience in the
insurance and financial services industry, as we explore new
opportunities and develop existing strategies to advance RGA’s growth in
the years ahead.”
“Over the past few years, we have gradually added several members to our
board to provide new perspectives from various disciplines within the
financial services sector,” said Chairman of the Board of Directors J.
Cliff Eason. “RGA’s Board is confident that the addition of these two
highly regarded industry leaders will yield new insights and provide
highly valuable perspective to the company’s strategies and initiatives.“
RGA’s Board of Directors had nine members at the time of the company’s
most-recent annual meeting on May 15, 2013. The addition of Detrick and
Phillips increases the number of Directors to 10, following the
retirement of Rachel Lomax from the Board on May 15, 2013.
Detrick brings more than 30 years’ experience gained from leadership
roles at several leading insurance, banking and private consulting
services companies. From 2002 to 2012, Detrick served as a Director,
Americas Leader, Financial Services Practice, and Senior Advisor of Bain
& Company, Inc., one of the world’s leading management consulting firms.
Before joining Bain, Detrick served for 10 years at A.T. Kearney, Inc.,
including as Leader, Eastern U.S. Profit Center and Global Leader,
Financial Institutions Group. Prior to those roles, she was a founding
partner of First Financial Partners, a venture capital firm specializing
in savings and loan institutions, from 1988 to 1992 and served as the
Chief Executive Officer, St. Louis Bank for Savings. Detrick currently
serves on the board of Forethought Financial Group, Inc., a private life
insurance carrier.
Phillips is Chief Executive Officer Global Wealth, Group Managing
Director Marketing and Innovation, and Management Board member at ANZ, a
top 20 bank globally with market capitalization of approximately US$77
billion. During her career of more than 25 years, Phillips has held a
number of senior roles in banking and financial services with global and
regional responsibilities.
Prior to joining ANZ in 2009, Phillips was President and Chief Operating
Officer at American Life Insurance Company (ALICO) a subsidiary of
American International Group, Inc. (AIG) which had operations in 55
countries. She joined ALICO from Citigroup, where she was head of
International Retail Banking, responsible for strengthening product
distribution and expansion in Citigroup’s global retail banking
franchise in 42 countries. Her previous roles include various senior
positions in Citigroup Japan and GE Capital.
About RGA
Reinsurance Group of America, Incorporated (NYSE: RGA) is among the
largest global providers of life reinsurance, with operations in
Australia, Barbados, Bermuda, Canada, China, France, Germany, Hong Kong,
India, Ireland, Italy, Japan, Malaysia, Mexico, the Netherlands, New
Zealand, Poland, Singapore, South Africa, South Korea, Spain, Taiwan,
Turkey, the United Arab Emirates, the United Kingdom, and the United
States. Worldwide, RGA has approximately $2.9 trillion of life
reinsurance in force and assets of $39.5 billion.

Source: Reinsurance Group of America, Incorporated
Reinsurance Group of America, Incorporated
Sally Smith, 636-736-8167
Vice
President, Corporate Communications
Fax: 636-736-8567
ssmith@rgare.com