MIB Group and MIB Group Holdings have announced the election results for their joint board of directors for the 2025–26 term.
The board, composed of 13 independent directors and one internal director – the president and CEO of MIB – has undergone several leadership changes including the appointment of a new chairperson, vice-chair and the addition of three new members.
Bruce Parker, president of Global Life at Pan-American Life Insurance Group, has been elected chairperson, succeeding Sarah VanBeck, senior vice-president and corporate controller of Athene.
Parker said: “I look forward to working with the board and MIB’s leadership team to continue to advance MIB’s position as an important and trusted partner to the life insurance industry, and am honoured to become board chairman.”
Parker, who joined the board in May 2023, brings leadership experience from his previous roles as president, CEO and chairman of Old Mutual US Life, and as senior vice-president of distribution at Jefferson Pilot.
“Over the last five years, MIB has completed a remarkable transformation from a niche service provider to a diversified partner of choice for data and digital solutions to the life insurance industry. As we enter the next phase of the company’s evolution, I am excited to chair the board and work even more closely with this talented team,” Parker said.
VanBeck will continue to serve on the board as immediate past chair.
Bruce Baude, former chief operations and technology officer of CNO Financial Group, has been elected vice-chair, succeeding Parker.
Baude has served on the MIB board since May 2019.
His professional background includes senior executive roles at Univita Health, LTCG, ProCard and Bank One Corporation, as well as early career experience with IBM.
Three new directors have been appointed to serve three-year terms: Matthew Berman, president and CEO of Foresters Financial; Peter Maynard, chief data and AI officer at Guardian Life Insurance Company; and Christopher Zimmerman, senior vice-president and general counsel at National Life Group.
The board also confirmed the re-election of six incumbent members.
In May, MIB purchased Clareto, a source of electronic health records, from Munich Re Life US.
“MIB Group elects new chairman, vice-chairman and three new directors ” was originally created and published by Life Insurance International, a GlobalData owned brand.
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