Akitoshi Kan to Retire at End of June, Charles Lake Named Chairman of Aflac Japan
March 12 2008 - 10:11AM
PR Newswire (US)
COLUMBUS, Ga., March 12 /PRNewswire-FirstCall/ -- Aflac
Incorporated announced today that Akitoshi Kan, chairman of Aflac
Japan and Aflac International, will retire on June 30, 2008. Kan
will be succeeded as chairman of Aflac Japan by Charles D. Lake II,
who currently serves as vice chairman of Aflac Japan. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO ) Kan
joined Aflac Japan's accounting department in 1980, following four
years at Cook Levine & Co., a New York accounting firm. In 1997
he was promoted to executive vice president of internal operations
for Aflac Japan. In 1999 he joined the Aflac U.S. management team,
later being named executive vice president of Aflac U.S. internal
operations. He returned to Japan in 2004 and was named president
and chief operating officer of Aflac Japan in 2005. He was promoted
to chairman of Aflac Japan in 2007. Lake joined Aflac Japan in
1999. He was named deputy president in 2001 and president of Aflac
Japan in 2003. He was promoted to vice chairman of Aflac Japan in
2005. Lake serves on the board of directors of the Tokyo Stock
Exchange Group, Inc. and as the chairman of the American Chamber of
Commerce in Japan. Tohru Tonoike, president and chief operating
officer of Aflac Japan, remains in charge of day-to-day operations
of Aflac Japan. Commenting on the announcement, Aflac Chairman and
Chief Executive Officer Daniel P. Amos said: "It's been my pleasure
to have worked with Aki for so many years, and I wish him the very
best in his retirement. During Aki's time with Aflac Japan and
Aflac U.S., he demonstrated unwavering dedication, and his
contributions to our company have been many. Under his direction,
we have enhanced the internal operations in both countries over the
last several years. And most recently, I am grateful for his work
in helping us strengthen our management team in Japan. I also look
forward to continued contributions from Charles. He has done an
exceptional job focusing on regulatory issues, which helps ensure
that we are well-positioned for dealing with structural changes in
the marketplace." For more than 50 years, Aflac products have given
policyholders the opportunity to direct cash where it is needed
most when a life-interrupting medical event causes financial
challenges. Aflac is the number one provider of
guaranteed-renewable insurance in the United States and the number
one insurance company in terms of individual insurance policies in
force in Japan. Our insurance products provide protection to more
than 40 million people worldwide. Aflac has been included in
Fortune magazine's listing of America's Most Admired Companies for
seven years and in Fortune magazine's list of the 100 Best
Companies to Work For in America for ten consecutive years. Aflac
has also been recognized three times by both Fortune magazine's
listing of the Top 50 Employers for Minorities and Working Mother
magazine's listing of the 100 Best Companies for Working Mothers.
Aflac Incorporated is a Fortune 500 company listed on the New York
Stock Exchange under the symbol AFL. To find out more about Aflac,
visit aflac.com. Analyst and investor contact - Kenneth S. Janke
Jr., 800.235.2667 - option 3, FAX: 706.324.6330, or Media contact -
Laura Kane, 706.596.3493, FAX: 706.320.2288, or
http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO
http://photoarchive.ap.org/ DATASOURCE: Aflac Incorporated CONTACT:
Analyst and investor contact, Kenneth S. Janke Jr., +1-800-235-2667
option 3, Fax: +1-706-324-6330, , Media contact, Laura Kane,
+1-706-596-3493, Fax: +1-706-320-2288, , both of Aflac Incorporated
Web site: http://www.aflac.com/
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