Ibexis Life & Annuity Insurance Company® Announces New CFO and Promotions
2024年7月23日 - 9:26PM
ビジネスワイヤ(英語)
Enhances Team Structure in Line with Sales
Growth
In response to continued growth, Ibexis Life & Annuity
Insurance Company® (“Ibexis”) appointed Kevin Tapp as Chief
Financial Officer (“CFO”) and promoted Alex Rupelli to Executive
Vice President and Kyle Hales to Controller.
Kevin Tapp Appointed Chief Financial Officer
Kevin brings 25 years of insurance investment banking experience
to Ibexis. As CFO, he oversees Ibexis’ financial forecasting and
reporting, capital planning, tax, and budget management. Kevin
joins the Executive Management Team and reports directly to Chief
Executive Officer (“CEO”), Nate Gemmiti.
Previously, Kevin was Head of Insurance Investment Banking at
Truist Securities. His career also includes similar roles in the
Financial Institutions Group at BMO Capital Markets and Wells Fargo
Securities. Kevin began his investment banking career at Credit
Suisse First Boston.
Over his career, Kevin has advised many insurance companies and
investors. His notable engagements include AXA Equitable on its
life insurance subsidiaries, Symetra Financial on its structured
annuity business, and Transamerica (Aegon) on its payment annuity
and other business. In addition, he worked with both Wells Fargo
and Truist on matters relating to their respective insurance
brokerage divestures.
"We are extremely fortunate to have Kevin on the Executive
Team," said Nate Gemmiti, CEO. “His extensive financial experience
across the insurance industry brings sophistication and strategic
vision to our finance function.”
Ibexis Promotes Two Other Key Employees
Alex Rupelli, the Company’s Chief Actuary, was promoted from
Senior Vice President to Executive Vice President in recognition of
his valuable ongoing contributions to Ibexis since its rebranding.
Alex continues to lead the reserving, valuation, pricing, and
product design functions.
Kyle Hales was promoted from Manager, Finance & Operations
to Controller in recognition of the expansion of his
responsibilities and success at Ibexis. As an Officer of the
Company, Kyle will lead all accounting activities, as well as
support the preparation of financial statements in accordance with
regulatory and accounting requirements.
Nate Gemmiti, CEO, commented on the promotions, "Alex and Kyle
have consistently demonstrated exceptional dedication and
expertise. These promotions reflect their significant contributions
to Ibexis and our commitment to fostering talent within our
organization. Congratulations to both of them."
About Ibexis Life & Annuity Insurance Company®
Founded in 1937, Ibexis offers fixed annuities to help clients
protect their financial future and prepare for retirement. Our
fixed annuities can help individuals accumulate interest without
risk of losing principal and provide guaranteed income during
retirement. Ibexis’ Financial Strength is rated A- (“Excellent”) by
AM Best (4th highest of 13) with a Stable Outlook, affirmed May
2024. Please visit the Company’s website at www.ibexis.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240722419139/en/
Megan Easton, VP, Sales & Marketing measton@ibexis.com