Workers expect their defined contribution plans to play a greater role in their retirement income than annuities.
MINNEAPOLIS--(BUSINESS WIRE)-- Allianz Life Insurance Company of North America (Allianz Life) has named Cathy Mahone to the post of Chief Administrative Officer where she will be responsible for Enterprise Operations, IT, Compliance and other strategic initiatives. Mahone also joins the company’s Executive Leadership Group and will report directly to Allianz Life President and CEO Walter White.
Cathy Mahone, Chief Administrative Officer, Allianz Life (Photo: Allianz Life Insurance Company of North America)
“Cathy has had a tremendous positive impact since joining our organization in 2008. She has fostered a culture of continuous improvement and of always doing what is right for Allianz Life customers,” said White. “Her leadership has generated increased customer satisfaction, stronger relationships with our partners, improved employee engagement, and significant gains in efficiency and productivity.”
During her tenure as Allianz Life senior vice president of Enterprise Operations, departments under her leadership received several awards for service quality, including Dalbar’s 2011 Financial Intermediary Service Quality Award and the 2011 Allianz Life Department of the Year award. Beyond leading several key initiatives for Allianz Life, Mahone also was instrumental in creating a partnership with Lifeworks, a nonprofit serving people with disabilities. Allianz Life has since employed eight Lifeworks clients and is a key business partner for the organization.
Prior to joining Allianz Life, Mahone held several leadership positions during her 20-year tenure at Ameriprise Financial. Mahone holds a master’s degree in Business Communications from the University of St. Thomas and a bachelor’s degree in Mass Communications from the University of Minnesota. She also holds her FINRA Series 7 and 24 licenses.
About Allianz Life Insurance Company of North America
Allianz Life Insurance Company of North America has been keeping its promises since 1896. Today, it carries on that tradition, helping Americans achieve their retirement income goals with a variety of annuities and life insurance products. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with 150,000 employees worldwide. More than 75 million private and corporate customers rely on Allianz knowledge, global reach, and capital strength to help them make the most of financial opportunities.
Photos/MultimediaGallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50137347&lang=en
Allianz Life Insurance Company of North America
Sara Thurin Rollin, 763-765-6703
Source: Allianz Life Insurance Company of North America