COLUMBUS, Ga., March 12 /PRNewswire-FirstCall/ -- Aflac Incorporated
announced today that Akitoshi Kan, chairman of Aflac Japan and Aflac
International, will retire on June 30, 2008. Kan will be succeeded as
chairman of Aflac Japan by Charles D. Lake II, who currently serves as vice
chairman of Aflac Japan.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO )
Kan joined Aflac Japan's accounting department in 1980, following four
years at Cook Levine & Co., a New York accounting firm. In 1997 he was
promoted to executive vice president of internal operations for Aflac Japan.
In 1999 he joined the Aflac U.S. management team, later being named executive
vice president of Aflac U.S. internal operations. He returned to Japan in
2004 and was named president and chief operating officer of Aflac Japan in
2005. He was promoted to chairman of Aflac Japan in 2007.
Lake joined Aflac Japan in 1999. He was named deputy president in 2001
and president of Aflac Japan in 2003. He was promoted to vice chairman of
Aflac Japan in 2005. Lake serves on the board of directors of the Tokyo Stock
Exchange Group, Inc. and as the chairman of the American Chamber of Commerce
Tohru Tonoike, president and chief operating officer of Aflac Japan,
remains in charge of day-to-day operations of Aflac Japan.
Commenting on the announcement, Aflac Chairman and Chief Executive Officer
Daniel P. Amos said: "It's been my pleasure to have worked with Aki for so
many years, and I wish him the very best in his retirement. During Aki's time
with Aflac Japan and Aflac U.S., he demonstrated unwavering dedication, and
his contributions to our company have been many. Under his direction, we have
enhanced the internal operations in both countries over the last several
years. And most recently, I am grateful for his work in helping us strengthen
our management team in Japan. I also look forward to continued contributions
from Charles. He has done an exceptional job focusing on regulatory issues,
which helps ensure that we are well-positioned for dealing with structural
changes in the marketplace."
For more than 50 years, Aflac products have given policyholders the
opportunity to direct cash where it is needed most when a life-interrupting
medical event causes financial challenges. Aflac is the number one provider of
guaranteed-renewable insurance in the United States and the number one
insurance company in terms of individual insurance policies in force in Japan.
Our insurance products provide protection to more than 40 million people
worldwide. Aflac has been included in Fortune magazine's listing of America's
Most Admired Companies for seven years and in Fortune magazine's list of the
100 Best Companies to Work For in America for ten consecutive years. Aflac has
also been recognized three times by both Fortune magazine's listing of the Top
50 Employers for Minorities and Working Mother magazine's listing of the 100
Best Companies for Working Mothers. Aflac Incorporated is a Fortune 500
company listed on the New York Stock Exchange under the symbol AFL. To find
out more about Aflac, visit aflac.com.
SOURCE Aflac Incorporated
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