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Genworth announces changes in two key leadership positions

Staff writer |
Richmond, Va., USA - October 20, 2010, Richmond, Va., USA - Genworth Financial, Inc., a global financial security company, announces that it will appoint SVP and CFO Patrick B. Kelleher as president and CEO, Retirement and Protection, and executive vice president of the company. Kevin Walker has been named senior vice president and chief financial officer, Retirement and Protection, effective December.

Mr. Kelleher joined Genworth in 2007 with nearly 30 years experience in life insurance and financial management. From 1980 until being named Genworth's senior vice president and chief financial officer in early 2007, Mr. Kelleher held various financial leadership and product management positions at Sun Life Assurance Company, Manulife Financial and, prior to joining Genworth, Transamerica Reinsurance.

Mr. Kelleher is a member of the Certified General Accountants Association of Canada, a Fellow of the Society of Actuaries and a Fellow of the Canadian Institute of Actuaries. He received his bachelor's degree from Franklin & Marshall College. Mr. Kelleher will succeed Pamela S. Schutz, who previously announced her plans to retire from Genworth in February 2011.

Mr. Walker joins Genworth from Allianz SE where he spent the past decade in several senior leadership positions, most recently as senior vice president of Group Planning and Controlling. Before that, he was Allianz' senior vice president and senior financial officer, product lines, for Allianz Life Insurance Company of North America in Minneapolis.


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