Boston Mutual Life Insurance coverage Firm has appointed Grant D Ward as its new president and chief working officer (COO).
Ward will tackle the brand new duty on 1 January 2025, turning into the eighth president within the firm’s 133-year historical past.
He’ll change Paul A Quaranto, who will retain his roles as CEO and chair of the board of administrators.
The choice comes after a succession planning course of by the corporate’s board of administrators, which sought steerage from exterior advisors.
Ward joined the corporate in 2016, serving in varied positions together with common counsel & secretary, and government vice-president – buyer expertise, claims, authorized & compliance, common providers and amenities.
Ward beforehand labored at Deloitte, Dow Lohnes, FINRA, John Hancock Monetary Providers, MetLife Monetary Providers, SBLI of Massachusetts and the US Securities and Change Fee.
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He has additionally been a participant in trade our bodies such because the American Council of Life Insurers and the Life Insurance coverage Affiliation of Massachusetts.
He additionally engaged as a mentor and volunteer with organisations reminiscent of Large Brothers Large Sisters of Jap Massachusetts, Conexion and My Brother’s Keeper in Easton, Massachusetts.
Ward stated: “I’m honoured and humbled by this chance to function president and COO of Boston Mutual Life. Our firm has a wealthy legacy and a vivid future. I sit up for working alongside our proficient groups throughout the organisation to proceed driving success and delivering worth to all of our stakeholders.”
Quaranto added: “Grant Ward is the appropriate chief on the proper time for Boston Mutual Life. His distinctive management, deep understanding of our mission and steadfast dedication to our values have been pivotal to the corporate’s success.”
