Pan-American Life Insurance Group Names New Board Member

NEW ORLEANS, Nov. 17, 2010 /PRNewswire/ -- Pan-American Life Insurance Group (PALIG), a group of leading international insurance and reinsurance companies, announced today that Dr. Jose Antonio Villamil has been appointed to the company's Board of Directors.

Dr. Villamil has more than 30 years of experience as a business economist, university educator and high-level policymaker for both federal and state governments. He served as a Presidential appointee as the U.S. Undersecretary of Commerce for Economic Affairs under President George H. W. Bush administration. Dr. Villamil is a member of the President's Advisory Committee on Trade Policy and Negotiations in Washington, D.C. and is the immediate past Chairman of the Governor's Council of Economic Advisors of Florida.  During 1999-2000, he directed the Tourism, Trade and Economic Development activities of the State in the Office of GovernorJeb Bush. 

Currently Dr. Villamil resides in Miami and is on the Board of Directors for Spanish Broadcasting System (NASDAQ), Mercantil Commercebank, N.A. and Enterprise Florida – the State's principal economic development organization. Since August 2008, Dr. Villamil has served as the Dean of the School of Business at St. Thomas University, Miami, FL.  

Dr. Villamil earned a Bachelors Degree and advanced degrees in Economics from Louisiana State University (LSU). In 1991, he was awarded a doctoral degree in Economics from Florida International University (FIU). He often serves as a guest speaker on economic topics for governments, businesses and students.

"Dr. Villamil's distinguished career and his acute knowledge of economic affairs, government policy and the Latin American region adds invaluable perspective and guidance to our board of directors," says Jose S. Suquet, Chairman of the Board, President and CEO of Pan-American Life Insurance Group. "We are honored to welcome Dr. Villamil as our newest board member."

About Pan-American Life Insurance Group

The Pan-American Life Insurance Group is a leading provider of insurance and financial services serving nearly half a million customers throughout the Americas. New Orleans-based Pan-American Life Insurance Company, the Group's flagship member, has been delivering trusted financial services since 1911, employing more than 700 worldwide, providing top-rated life and health insurance, worksite benefits and financial services in 47 states, the District of Columbia (DC) and Puerto Rico. The Group's member companies offer individual and/or group life and health insurance throughout Latin America. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Panama, Puerto Rico, and the Cayman Islands. For more information, visit the Pan-American Life Web site at www.panamericanlife.com.

SOURCE Pan-American Life Insurance Group