COLUMBUS, Ga., Jan. 2 /PRNewswire-FirstCall/ -- Aflac Incorporated
(NYSE: AFL) announced today that Paul S. Amos II has been promoted to
president of Aflac. Aflac, which operates in Japan and the United States, is
the principal subsidiary of Aflac Incorporated. Amos will also continue in
his capacity as chief operating officer of Aflac U.S. and will concentrate his
efforts on Aflac's U.S. operations.
Amos joined Aflac in 2002 as state sales coordinator for its Georgia North
sales territory. During his time with Aflac's sales force, Georgia North
became the company's number one territory in terms of new annualized premium
sales. Amos joined Aflac's headquarters in 2004 as executive vice president
of Aflac U.S. Through his direction, the company successfully launched a new
branding initiative in 2005 to increase consumers' understanding of Aflac
products. He also restructured Aflac's training department and streamlined
other sales support and administrative functions to better support the
activities of Aflac's sales force. In February 2006, he was named chief
operating officer of Aflac U.S.
Amos received a bachelor's degree in economics from Duke University and a
master's of business administration from Emory University. He also earned a
juris doctor degree from Tulane University. Prior to joining Aflac, he worked
in the corporate legal division of the legal firm Skadden, Arps, Slate,
Meagher and Flom in Washington, D.C.
Commenting on the announcement, President and Chief Financial Officer of
Aflac Incorporated Kriss Cloninger said: "In addition to Paul's knowledge and
experience in marketing and sales, he has an exceptional understanding of the
administrative side of Aflac's business. His drive, energy and leadership
have greatly contributed to Aflac's U.S. operations. When we release our
results for 2006 at the end of this month, we think everyone will agree that
Aflac U.S. had a great year in virtually every facet of its business. And for
that, Paul and the management team he has assembled are to be congratulated.
Under his leadership, I believe Aflac U.S. will continue to generate strong
sales and operating results."
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.
Aflac's 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 six consecutive years. In January 2006, Aflac was
included in Fortune magazine's list of the 100 Best Companies to Work For in
America for the eighth consecutive year. Aflac was also included in Fortune
magazine's list of the Top 50 Employers for Minorities in August 2005, and in
September 2005, Aflac Japan was named the Life Insurance Company of the Year
at the Asia Insurance Industry Awards, sponsored by the Asia Insurance Review.
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.
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" to encourage companies to provide prospective information, so long as
those informational statements are identified as forward-looking and are
accompanied by meaningful cautionary statements identifying important factors
that could cause actual results to differ materially from those included in
the forward-looking statements. We desire to take advantage of these
provisions. This document contains cautionary statements identifying important
factors that could cause actual results to differ materially from those
projected herein, and in any other statements made by company officials in
oral discussions with the financial community and contained in documents filed
with the Securities and Exchange Commission (SEC). Forward-looking statements
are not based on historical information and relate to future operations,
strategies, financial results or other developments. Furthermore, forward-
looking information is subject to numerous assumptions, risks, and
uncertainties. In particular, statements containing words such as "expect,"
"anticipate," "believe," "goal," "objective," "may," "should," "estimate,"
"intends," "projects," "will," "assumes," "potential," "target," or similar
words as well as specific projections of future results, generally qualify as
forward-looking. Aflac undertakes no obligation to update such forward-looking
We caution readers that the following factors, in addition to other
factors mentioned from time to time in our reports filed with the SEC, could
cause actual results to differ materially from those contemplated by the
forward-looking statements: legislative and regulatory developments;
assessments for insurance company insolvencies; competitive conditions in the
United States and Japan; new product development and customer response to new
products and new marketing initiatives; ability to attract and retain
qualified sales associates; ability to repatriate profits from Japan; changes
in U.S. and/or Japanese tax laws or accounting requirements; credit and other
risks associated with Aflac's investment activities; significant changes in
investment yield rates; fluctuations in foreign currency exchange rates;
deviations in actual experience from pricing and reserving assumptions
including, but not limited to, morbidity, mortality, persistency, expenses,
and investment yields; level and outcome of litigation; downgrades in the
company's credit rating; changes in rating agency policies or practices;
subsidiary's ability to pay dividends to parent company; ineffectiveness of
hedging strategies used to minimize the exposure of our shareholders' equity
to foreign currency translation fluctuations; catastrophic events; and general
economic conditions in the United States and Japan.
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Analyst and investor contact - Kenneth S. Janke Jr., 800.235.2667 - option
3, FAX: 706.324.6330, or firstname.lastname@example.org
Media contact - Laura Kane, 706.596.3493, FAX: 706.320.2288, or
SOURCE Aflac Incorporated