Business World

Insular Life announces new executive promotions

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INSULAR Life Chief Executive Officer Nina D. Aguas recently announced the promotion of the following senior officers: Atty. Renato S. de Jesus and Maria Teresa L. Cruz to senior vice- president; and Vera Victoria C. Morales, Mylene C. Padilla, and Katerina V. Suarez to first vice- president.

Atty. De Jesus is the company’s chief legal and compliance officer and corporate secretary. He has been heading the Legal Corporate and Services Division of the Company since 1996. As the Chief Legal and Compliance Officer, he is in charge of the overall management of the legal and compliance aff airs of Insular Life and its subsidiari­es.

Ms. Cruz heads the company’s Informatio­n Services Division (ISD), a position she has been occupying ever since she joined Insular Life in 1997.

Ms. Morales heads the company’s Investment Management Division (IMD). She joined Insular Life in 1986, has been the deputy head of IMD since 2006, and its head since 2016.

Ms. Padilla is the company’s corporate treasurer and head of its Finance Division. She joined Insular Life in 1987 and has been heading the Division since 1997.

Ms. Suarez heads the company’s Actuarial Division. She joined Insular Life in 2009, and has been heading the Division since 2015.

Meanwhile, Insular Life also welcomes its new Recruitmen­t, Training and Developmen­t Department head, assistant Vice- President Maria Ritchie M. Reyes. She has extensive work experience in training, agency developmen­t, people, and fi eld sales management in the life insurance industry. Prior to joining Insular Life, she was the associate agency director of another life insurance company.

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