Insular Life announces executive promotions
INSULAR LIFE (InLife) announced the promotion of the following officers and executives: Maria Noemi G. Azura, president and CEO of Insular Health Care to InLife executive vice-president and concurrent chief strategy officer; Vera Victoria C. Morales to sr. vice-president and chief investment officer; Geraldine B. Alvarez and Diana Rose A. Tagra to first vice-president; Ruth R. Velasco to vice-president; and Angela A. Bien to asst. vice-president.
Ms. Azura steers Insular Health Care’s business operations into becoming a Tier1 player in the hmo industry. As chief strategy officer of InLife, she leads the development of the short- and long-term business plans and pursues partnerships.
Ms. Morales heads InLife’s Investment Management Division (IMD), which formulates and implements investment strategies in support of short- and long-term goals of the Company.
Ms. Alvarez heads the Branch Management Division which directs the operations of all InLife’s field offices nationwide.
Ms. Tagra heads the New Business Division which oversees processing of new business applications and underwriting. Ms. Velasco heads the Fixed Income Desk of the IMD, and ensures optimum investment growth and competitive income results across all fixed income portfolios and assigned funds within the defined investment risk parameters.
Ms. Bien heads the General Accounting Department which ensures, among others, the Group’s compliance to new and existing regulatory requirements relevant to finance operations, as well as adoption of the new accounting standards for Insurance Contracts.