Protective Names Pooja Rahman as SVP & Chief Risk Officer

Deep Banerjee Promoted to SVP & Treasurer

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a wholly owned subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced that Pooja Rahman will join the company as SVP & Chief Risk Officer, effective today, June 14. The company also announced that Deep Banerjee has been promoted to SVP & Treasurer. Both Rahman and Banerjee will report to Steve Walker, Executive Vice President & Chief Financial Officer at Protective.

“Pooja has significant industry experience and a deep understanding of the issues impacting our business,” said Walker. “We have a strong team in place, and Pooja’s leadership will help drive our enterprise risk management expertise and enable our continued growth.”

With over 20 years of risk management, finance and legal experience in the insurance industry, Pooja most recently served as Head of Financial Risk at New York Life. Prior to that, she worked in international policy and analysis at the National Association of Insurance Commissioners. Pooja’s previous experience also includes Director & Senior Corporate Counsel at Aviva, In-house Counsel at Iowa Insurance Division and Lead Technical Analyst at Principal Financial Group. Pooja earned her JD from Drake University Law School, her MBA from the University of New Orleans, and her Bachelor of Commerce from the University of Mumbai.

“We are equally excited about Deep’s moving into the role of SVP and Treasurer,” Walker continued. “In his time with Protective, Deep has already added tremendous value, and we are confident in his ability to continue advancing this important part of our business.”

Banerjee joined Protective in September of 2020 as VP Strategic Risk, bringing with him a broad understanding of the insurance industry and knowledge about the key issues impacting our business. Prior to joining Protective, Deep spent over a decade at S&P Global Ratings where he covered the insurance industry. As a well-respected industry expert, Deep has a demonstrated track record of building strong relationships with industry executives and is a frequent presenter at industry conferences. He received his Bachelor of Arts from Marietta College. He will step into the role on June 16, 2021, aligning with Lance Black's transition to SVP, Acquisitions & Corporate Development, which was announced in March.

Both Rahman and Banerjee will join Protective’s Performance and Accountability Committee (P&A Committee), a group of the company’s top executive leaders.

About Protective Life Corporation

Protective Life Corporation (Protective) provides financial services through the production, distribution and administration of insurance and investment products throughout the U.S. Protective traces its roots to its flagship company, Protective Life Insurance Company – founded in 1907. Protective’s growth and success can be largely attributed to its ongoing commitment to serving people and doing the right thing – for its employees, distributors, and most importantly, its customers. Protective’s home office is located in Birmingham, Alabama, and its 3,500-plus employees work across the United States. As of December 31, 2020, Protective had assets of approximately $127 billion. Protective Life Corporation is a wholly owned subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750). For more information about Protective, please visit www.Protective.com.