WEST DES MOINES, IA -- (Marketwire) -- 03/01/10 -- Sammons Financial Group announces Esfand Dinshaw has been named Chief Executive Officer of Sammons Financial Group.
Esfand Dinshaw will have the senior business leaders from each of the member companies of Sammons Financial Group reporting to him including; Ron Ottenbacher, Senior Vice President, Sammons Corporate Markets - Fargo, ND, Steve Palmitier, President Midland National Life - Sioux Falls, SD and North American Company - Chicago, IL, and Chief Executive Officer of Sammons Securities, and Cindy Reed, President, Sammons Annuity Group - Des Moines, IA and President Sammons Securities.
Additionally two senior leaders of Sammons Financial Group; Michael Haley, Senior Vice President Human Resources - Chicago, IL, and Rob Tekolste, Executive Vice President of Operations - Sioux Falls, SD will report to Dinshaw.
Dinshaw joined Midland National Life Insurance Company in 1999.
He was a principal leader on the team that built Midland National and North American's annuity business from a start up to a $19 billion plus asset business.
He was promoted to President of Sammons Annuity Group in 2006.
brings the right skill set to lead Sammons Financial Group
as one of the premier financial companies," said Mike Masterson.
proven leadership skills and extensive industry experience are a great fit to lead Sammons Financial Group
in the coming years.
I am confident in Esfand's
ability to lead Sammons Financial Group
and build on the momentum to grow the business by offering the best in financial resources and services, and help our agents and distributors be successful," added Mr. Masterson.
We are dedicated to delivering quality life insurance and annuity products with superior service," said Mr. Dinshaw
We are fortunate to have an individual of Cindy's caliber to lead Sammons Annuity Group
," said Mr. Dinshaw