American Equity Names Phyllis Zanghi as Chief Legal Officer
April 01 2021 - 05:57PM
Business Wire
American Equity Investment Life Holding Company (NYSE: AEL)
(“American Equity”) announced today that Phyllis Zanghi has been
named executive vice president and chief legal officer, effective
today. In her new role, Zanghi will oversee all activities for the
legal, compliance, regulatory matters, government relations and
corporate secretary functions of the company, as well as provide
strategic counsel to the CEO, senior management team and board of
directors. She will report to Anant Bhalla, President and CEO. Ms.
Zanghi, age 48, has served as the General Counsel – U.S. Life
Companies, a position she has held since October 2020.
“Phyllis has had an impressive career with large, sophisticated
financial services institutions, and her deep expertise in various
facets of the law will be critical for this newly created position
that elevates the strategic role of the legal function at American
Equity,” said Bhalla. “She is also a strategic leader with strong
business acumen whose experience leading complex legal, tax,
regulatory and business initiatives will bring great value to our
legal team and American Equity. I look forward to her many
contributions on behalf of the organization.”
Previously, Ms. Zanghi worked for Charlotte-based Brighthouse
Financial as senior vice president, associate general counsel and
head of tax. She played an instrumental role in the reinsurance and
legal entity structuring that led to both the tax-free spin-off of
Brighthouse from MetLife, while MetLife retained a 20% stake at the
time of the separation. Ms. Zanghi has played an instrumental role
in numerous corporate M&A transactions like her key role in
MetLife’s acquisition of Alico in 2010 and was senior counsel for
all ERISA and tax related business matters for the MetLife U.S.
businesses. She holds a Master’s degree in tax law from New York
University School of Law, a JD from St. John’s University School of
Law and a BA in English from Rutgers University-New Brunswick. She
will lead the team of legal and compliance professionals for the
company.
ABOUT AMERICAN EQUITY
American Equity Investment Life Holding Company, through its
wholly-owned subsidiaries, is a leading issuer of fixed index
annuities through independent agents, banks and broker-dealers.
American Equity Investment Life Holding Company, a New York Stock
Exchange listed company (NYSE: AEL), is headquartered in West Des
Moines, Iowa. For more information, please visit
www.american-equity.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210401005934/en/
Jennifer Bryant - Executive Vice President, Chief Human
Resources Officer American Equity Investment Life Holding Company®
515-457-1846 | jbryant@american-equity.com
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