Protective Life Corporation Announces Board of Directors Updates

Stephen Barnham, Joseph Guastella, Bruce Koepfgen and Satoshi Takemoto join Protective’s Board of Directors

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announces updates to its board of directors. Newly appointed directors include Stephen Barnham, Senior Managing Executive Officer, Chief Information Officer and Chief Digital Officer of Dai-ichi Life Holdings, Inc.; Joseph Guastella, Owner of OJW Advisors; Bruce Koepfgen, former President of Janus Capital Group and former EVP, Head of North America, of Janus Henerson Investors; and Satoshi Takemoto, Executive Officer and Chief General Manager of North America of Dai-ichi Life Holdings, Inc. and President and CEO of DLI North America, Inc. All changes went into effect April 3, 2024.

“Through their diverse and robust experience, Protective’s Board of Directors have collectively helped guide the company to our current position of strength,” said Michael J. Morrissey, Chairman of Protective’s Board of Directors. “The strategic insights of our new directors will serve Protective well and be highly valued as we continue to grow in the years to come.”

Mr. Guastella is an internationally recognized business strategist and insurance industry leader with over 25 years of diverse management and advisory experience. As a former leader and member of Deloitte’s Global Industry practice, he has served some of the largest global organizations and is a highly experienced advisor to company leaders. Mr. Koepfgen brings more than 45 years of experience in financial services, asset management, and broker/dealer companies to his role as a Director. He is a proven and trusted leader, who has helped create vision and strategy that supports the increase of company and stakeholder value.

Mr. Barnham and Mr. Takemoto will bring valued insights and knowledge from Protective’s parent company, Dai-ichi. Hitoshi Yamaguchi, Representative Director and Senior Managing Executive Officer of Dai-ichi, Takashi Iida, Director and Managing Executive Officer of The Dai-ichi Life Insurance Co., Ltd., and Koichi Nishiyama, Managing Executive Officer of The Dai-ichi Life Insurance Co,. Ltd., completed their board terms for Protective. They will continue to help Protective maintain strong alignment with its parent company.

For more information about Protective’s Board of Directors, visit https://investor.protective.com/board-of-directors.

About Protective

Protective has helped people achieve protection and security in their lives for 117 years. Through its subsidiaries, Protective offers life insurance, annuity and asset protection solutions and is helping more than 14.4 million people protect what matters most. Protective’s more than 3,800 employees put people first and deliver on the company’s promises to customers, partners, colleagues and communities - because we’re all protectors. With a long-term focus, financial stability and commitment to doing the right thing, Protective Life Corporation, a subsidiary of Dai-ichi Life Holdings, Inc., had $118 billion in assets, as of Dec. 31, 2023. Protective is headquartered in Birmingham, Alabama, and supported by a robust virtual workforce and core sites in the greater Cincinnati area and St. Louis. For more information about Protective, visit www.protective.com.