BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), announces that Dom Lebel has joined the company as SVP & Chief Risk Officer, effective May 6. The company also announced Casey Hardeman has been promoted to SVP, Financial Planning & Analysis.
As CRO, Lebel’s primary responsibility is providing independent oversight of enterprise risks with a focus on insurance and product related risks, credit and market risks, as well as operational and technology risks. Lebel will join Protective’s Performance & Accountability Committee, a group of the company’s top executive leaders. He will report to Steve Walker, Vice Chairman, Finance & Risk.
“We are thrilled to have Dom join Protective. He is a proven leader with a deep understanding of our industry and the issues impacting our business,” said Walker. “We have a strong risk team in place, and Dom’s leadership will advance our enterprise risk management expertise, ultimately supporting Protective’s continued growth.”
With nearly 30 years of life insurance and annuity experience, Lebel joins Protective from WTW (Willis Towers Watson), where he served as Managing Director, leading the Americas Life Insurance Consulting and Technology practice. Throughout his career, Lebel has gained considerable experience working with U.S. and multinational life insurers on embedded value, economic capital, mergers and acquisitions, pricing and product development, and transformation. He has helped many life insurers manage risk and capital, improve business performance, and create sustainable advantage via advisory and technology engagements. Lebel earned his Bachelor of Science degree in Actuarial Mathematics from Concordia University. He is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, and a Fellow of the Canadian Institute of Actuaries.
Hardeman joined Protective in 2008 and has served in numerous roles, including accounting policy, financial reporting, investment accounting, reinsurance, divisional CFO, and financial planning and analysis. Under his leadership, various financial functions were consolidated to form a centralized financial planning and analysis function to advance Protective’s strategic planning capabilities. His leadership has enhanced the company’s finance function, strengthened Protective’s ability to make strategic business decisions, and improved the capabilities needed to execute company growth plans. Hardeman continues reporting to Paul Wells, EVP & Chief Financial Officer.
“Over the past 16 years, Casey’s keen knowledge as a financial professional and strong leadership have been instrumental to our business. His role has continued to expand over time, and we are pleased to recognize his contributions in this way,” said Wells.
About Protective
Protective has helped people achieve protection and security in their lives for 117 years. Through its subsidiaries, Protective offers life insurance, annuity and asset protection solutions and is helping more than 14.4 million people protect what matters most. Protective’s more than 3,800 employees put people first and deliver on the company’s promises to customers, partners, colleagues and communities - because we’re all protectors. With a long-term focus, financial stability and commitment to doing the right thing, Protective Life Corporation, a subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), has $118 billion in assets, as of Dec. 31, 2023. Protective is headquartered in Birmingham, Alabama, and supported by a robust virtual workforce and core sites in the greater Cincinnati area and St. Louis. For more information about Protective, visit www.protective.com.
