Citizens announces promotions for officers.AUSTIN, Texas--(BUSINESS WIRE)--November 22, 1994--Citizens Inc. (AMEX AMEX See: American Stock Exchange :CIA CIA: see Central Intelligence Agency. (1) (Confidentiality Integrity Authentication) The three important concerns with regards to information security. Encryption is used to provide confidentiality (privacy, secrecy). ) announced the following promotions for senior officers of the company: -- Randall H. Riley was named vice chairman and chief executive officer; -- T. Roby Dollar named vice chairman, chief actuarial ac·tu·ar·y n. pl. ac·tu·ar·ies A statistician who computes insurance risks and premiums. [Latin officer and assistant treasurer; and -- Rick D. Riley named president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Harold E. Riley, who previously served as both chairman and chief executive officer remains as chairman and the company's ranking officer. He has more than 40 years' experience in the life insurance business, virtually all in top management positions, and has directed the building of three life insurance companies with each establishing records of growth under his direction. He has acquired more than 25 life insurance companies and designed marketing programs which have produced billions of dollars of guaranteed cash value whole life insurance. He started Citizens with $2.5 million of personal funds and has brought it to $140 million of assets and $2 billion of insurance in force. Randall Riley joined Citizens in 1987 in the marketing area. A former two-term member of the Texas House of Representatives, he spent his first years at Citizens living in Santiago, Chile Santiago, officially Santiago de Chile (Spanish: (helpinfo)), is the capital of Chile, and the center of its largest conurbation (Greater Santiago). learning Latin American culture Latin American culture is the formal or informal expression of the peoples of Latin America, and includes both high culture (literature, high art) and popular culture (music, folk art and dance) as well as religion and other customary practices. and language while developing a marketing organization in that country. During 1991, he returned to Austin, Texas to become head of Citizen's Marketing Department. Sales increased each year under his direction. In late 1993, he was named vice chairman of the board of Citizens, Inc. and its subsidiary companies. T. Roby Dollar has served as president and chief actuarial officer of Citizens since 1987 and has more than thirty years' experience in the life insurance business. He serves on the board of governors of the Forum 500 of the American Council American Council may refer to: In linguistics:
Rick D. Riley served as executive vice president and chief operating officer of the company and its affiliates from 1987 to 1991 and from 1992 to present. Riley has more than twenty years' experience in the life insurance industry with particular expertise in life insurance data processing Insurance Data Processing (IDP), based in Wyncote, Pennsylvania, has IT solutions to both large and small Property & Casualty insurance companies since 1949. The company’s products and services have the ability to handle policy processing, billing, claims, and management and systems. In his new role, he continues as chief operating officer of the company. CONTACT: Citizens Inc., Austin Mark A. Oliver, 512/837-7100 |
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