Patrick L. Nelson Named Chief Suitability Officer of Allianz Life Insurance Company of North America.New CSO (Chief Security Officer) The person in charge of all staff members who are responsible for promulgating, enforcing and administering security policies for all systems within an enterprise or division. responsible for leading the company's consumer safeguarding and suitability best practices MINNEAPOLIS -- Allianz Life Insurance Company of North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. (Allianz Life) today announced Patrick L. Nelson will join the company as Chief Suitability Officer (CSO), responsible for leading the company's consumer safeguarding and suitability best practices. Nelson joins Allianz Life from the Minnesota Department of Commerce where he was Deputy Commissioner, and will officially assume his new role with Allianz Life on Oct. 8, 2007. "The appointment of Patrick Nelson as our CSO underlines our commitment to meeting and exceeding the expectations of our customers," said Gary C. Bhojwani, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Allianz Life. "Patrick has a unique blend of regulatory, compliance, and commercial experience encompassing both the insurance and securities industries. We're extremely pleased to have him join our team." Earlier this year, Allianz Life announced customer focus enhancements that detailed key commitments to current and prospective policyholders, including the addition of a CSO and a set of "customer focus values." The four values, based on longstanding Allianz Life principles, include leadership, integrity, clarity and transparency. About Allianz Life Insurance Company of North America Founded in 1896 and based in Minneapolis, Allianz Life provides fixed and variable annuities Variable annuities Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio. , life insurance policies, and long term care insurance products in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Known for innovation, performance, and customer service, the company has become a leader in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. life insurance industry. Allianz products are offered through a nationwide network of independent financial professionals. The company is part of Allianz SE, a global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. group that is the 16th largest corporation in the world based on revenue (Fortune, August 2006). Allianz SE employs over 177,000 people worldwide. |
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