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Allstate Financial names new CEO

Allstate Financial names new CEO

The Allstate Corp. has announced that George Ruebenson, president of Allstate Protection, will be named interim president and CEO of Allstate Financial.

The Northbrook, Ill.-based corporation said current president and CEO of the life insurance and annuities operation, James Hohmann, will leave the company, effective Jan. 5.

Ruebenson will assume the role as a search is conducted, according to Allstate. He has been with the company for 38 years, leading teams to achieve business results through difficult market conditions, the company said

Allstate Chairman, President and CEO Thomas J. Willson said he looks forward to working with Ruebenson “and the entire leadership team to ensure that Allstate Financial lives up to its full potential.

'We remain committed to the success of Allstate Financial,” Wilson said. “With this business, we can leverage our brand and investing expertise, improve our relationship with customers and take advantage of opportunities in the growing retirement space.”

Allstate has about 14,700 exclusive agencies and financial representatives in the U.S. and Canada, or in select states as Allstate .com and 1-800 Allstate."

IFAwebnews.com | Allstate Financial names new CEO

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