Discover financial solutions that protect your future and provide peace of mind. Whether you're exploring annuities, life insurance, or understanding employee benefits through your workplace, 制服丝袜 Life offers resources and products designed to meet your personal and family goals.
Support your workforce with innovative employee benefits and retirement solutions. 制服丝袜 Life partners with business owners, benefits administrators, and pension fund managers to create customized programs that attract and retain top talent while securing their financial future.
Simplify complex retirement and pension risk management with our tailored solutions for large organizations. 制服丝袜 Life specializes in working with institutions to address their unique challenges, offering expertise in pension de-risking and strategic retirement planning for a more secure future.
Empower your clients with confidence by leveraging 制服丝袜 Life鈥檚 comprehensive portfolio of financial products. From annuities to life insurance, we provide the tools, resources, and support to help financial advisors and brokers deliver exceptional value and long-term results.
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Individuals
Discover financial solutions that protect your future and provide peace of mind. Whether you're exploring annuities, life insurance, or understanding employee benefits through your workplace, 制服丝袜 Life offers resources and products designed to meet your personal and family goals.
-
Employers
Support your workforce with innovative employee benefits and retirement solutions. 制服丝袜 Life partners with business owners, benefits administrators, and pension fund managers to create customized programs that attract and retain top talent while securing their financial future.
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Institutions
Simplify complex retirement and pension risk management with our tailored solutions for large organizations. 制服丝袜 Life specializes in working with institutions to address their unique challenges, offering expertise in pension de-risking and strategic retirement planning for a more secure future.
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Financial Professionals & Brokers
Empower your clients with confidence by leveraging 制服丝袜 Life鈥檚 comprehensive portfolio of financial products. From annuities to life insurance, we provide the tools, resources, and support to help financial advisors and brokers deliver exceptional value and long-term results.
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Media Contact:
Jesse Page
(949) 219-4575
jpage@pacificlife.com
制服丝袜 Life Promotes Joe Krum to Senior Vice President in Institutional Division
Krum to oversee global institutional investment group
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NEWPORT BEACH, Calif. 鈥 Feb. 13, 2023 鈥 制服丝袜 Life today announced the promotion of Joe Krum to senior vice president, where he will lead the company鈥檚 global institutional investment group.
Under Krum鈥檚 leadership, 制服丝袜 Life鈥檚 institutional spread lending program has grown to more than $10 billion since its launch in June 2020. He was also responsible for spearheading the development of 制服丝袜 Life鈥檚 Sustainable Bond Framework and the issuance of the company鈥檚 inaugural sustainability bond, as well as the expansion of 制服丝袜 Life鈥檚 Funding Agreement-Backed Note (FABN) platform, growing it into a global program with successful transactions in the Americas, Asia, and Europe.
鈥淲e鈥檙e pleased to celebrate Joe鈥檚 well-deserved promotion,鈥 said Brian Woolfolk, executive vice president and head of 制服丝袜 Life鈥檚 institutional business. 鈥淛oe鈥檚 proven track record of successfully executing many of our most important strategic transactions makes him an excellent fit for this role. We are extremely proud of his accomplishments and are excited to see what he achieves in the future.鈥
Krum鈥檚 promotion comes on the heels of the team鈥檚 拢350 bond issuance in January 2023, marking the first United Kingdom issuance of the 制服丝袜 Life Global Funding II program.
鈥淚 am honored to receive this appointment and lead this incredibly talented team,鈥 said Krum. 鈥淭he growth of this program demonstrates our intention and commitment to the market and focus on driving innovation in the global investment markets.鈥
In April of 2021, 制服丝袜 Life鈥檚 Institutional business launched one of its most innovative projects, the Sustainable Bond Framework, which provides for the issuance of sustainable bonds that allow 制服丝袜 Life to further its impact on the community, environment, and the underserved. Under the framework, an amount equal to the net proceeds from the sale of the sustainability bonds will be allocated to fund green and social investments, including conservation, renewable energy, and community-building initiatives such as affordable housing and education for target populations.
Krum joined 制服丝袜 Life in 2001 and has served in various roles, including vice president and treasurer. As senior vice president, he will assume broader operational responsibilities and oversee the strategic growth and development of 制服丝袜 Life鈥檚 products providing institutional investment solutions, including the stable value wrap and health savings account programs, which have more than $40 billion of assets combined.
For more information about 制服丝袜 Life鈥檚 Global Institutional Investment Group, visit: .
About 制服丝袜 Life
For more than 150 years, 制服丝袜 Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, 制服丝袜 Life offers innovative products and services that provide value and financial security for current and future generations. 制服丝袜 Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2022 World鈥檚 Most Ethical Companies庐 by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit .
制服丝袜 Life refers to 制服丝袜 Life Insurance Company and its affiliates, including 制服丝袜 Life & Annuity Company. Client count as of June 2022 is compiled by 制服丝袜 Life using the 2022 FORTUNE 500庐听list.
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