Pan-American Life Insurance Group Appoints Industry Veteran as New Senior Vice President of Latin America

Robert DiCianni to Lead Growth in the Region

New Orleans 8/16/2011 12:00:00 AM

Pan-American Life Insurance Group (PALIG), a leading provider of life and health insurance in Latin America and the U.S., announced today that Robert DiCianni has been named to the position of Senior Vice President Latin America.

Mr. DiCianni succeeds Eugenio Magdalena who is on permanent medical leave following an unfortunate accident. In his role, Mr. DiCianni will be based in Panama, overseeing all of Pan-American Life’s businesses in Latin America while building on the Group’s strategic business plan and growth strategy in the region.

Mr. DiCianni is an insurance industry veteran with more than 20 years experience in the U.S. and Latin America. He began his career as a group underwriter with Prudential Financial before accepting a senior underwriter position with AIG where he found his niche in the international arena and ascended to company manager positions in Uruguay and Panama, and Vice President and Regional Director for the Group Management Division, responsible for twelve countries in Latin America. In 2009, Mr. DiCianni served as Managing Director/Chief Executive Officer of ALICO Mexico, a subsidiary of American Life Insurance Company (ALICO) overseeing all of the business lines in the country. During his time with the company he led a major turnaround and in less than two years profitably grew the business that traditionally produced multimillion dollar losses. Additionally, he held an active role in the merger of the Met Life ALICO Mexico businesses.

“Bob’s distinguished career, industry knowledge and leadership track record add invaluable expertise to the Group, further enabling continued growth for Pan-American Life in Latin America,” says José S. Suquet, Chairman of the Board, President and CEO of Pan-American Life Insurance Group. “His focused leadership approach complements our strong regional management team.”

About Pan-American Life

The Pan-American Life Insurance Group is a leading provider of insurance and financial services 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 1,300 worldwide, providing top-rated life and health insurance, employee benefits and financial services in 47 states, the District of Columbia (DC), Puerto Rico, and the U.S. Virgin Islands. The Group’s member companies offer individual and/or group life and health insurance throughout Latin America and the Caribbean. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, and 15 Caribbean markets, including Barbados, Cayman Islands, Curacao and Trinidad and Tobago. For more information, visit the Pan-American Life Web site at palig.com