NEWS RELEASE:
From CUNA Mutual Group Public Relations
www.cunamutual.com
For more information:
Phil Tschudy 608/665-7188 philip.tschudy@cunamutual.com
Rick Uhlmann 608/665-8940 rick.uhlmann@cunamutual.com
MADISON, Wis. – CUNA Mutual Group has promoted Alastair Shore to executive vice president and chief financial officer, effective Feb. 1. He replaces the retiring Jerry Pavelich.
Shore will lead the core financial services of the company, which include financial planning, actuarial, capital planning, controller, treasury and expense management. He joined CUNA Mutual Group in 2006 and most recently served as chief risk officer and chief actuary. In those capacities, he was responsible for establishing a framework for the management of risk and for leading the company’s actuarial functions.
“I'm pleased we were able to promote – from within our company – an experienced and qualified leader to serve as our next CFO,” said CUNA Mutual Group President/CEO Jeff Post. “Alastair has a wealth of insurance, financial, and actuarial expertise. Combined with his understanding of our company and the markets in which we operate, he is ideally suited for this role.”
CUNA Mutual Group insurance, retirement and investment products provide financial security and protection to credit unions and their members worldwide. With more than 75 years of true market commitment, CUNA Mutual Group’s vision is unwavering: To be a trusted business partner who delivers service excellence through customer-focused products and market-driven insight. More information on the company is available on the company’s website at www.cunamutual.com.
CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Life, accident, health and annuity insurance products are issued by CMFG Life Insurance Company. Property and casualty insurance products are issued by CUMIS Insurance Society, Inc. Each insurer is solely responsible for the financial obligations under the policies and contracts it issues. Corporate headquarters are located in Madison, Wisconsin.