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Aflac appoints global investment management leader

Aflac, a provider of voluntary and guaranteed-renewable insurance in the US, has appointed Eric Kirsch to lead its global investment management function as a member of its executive management team.

In his new role, Kirsch will be responsible for management of Aflac’s $93bn investment portfolio and its team of more than 50 investment professionals.

Kirsch will join Aflac on November 1, 2011 as first senior vice president and global chief investment officer. He will also coordinate the company’s investment efforts through a newly established Manhattan-based office.

Aflac said the company will continue to maintain the vast majority of its investment resources in Columbus, Georgia and Tokyo, Japan and current chief investment officer Jeremy Jeffery will serve as senior vice president of fixed income investments.

Most recently served as managing director and global head of insurance asset management, including portfolio management, insurance advisory services and distribution at Goldman Sachs Asset Management (GSAM).

Before joining Goldman Sachs, he spent 27 combined years at Deutsche Asset Management (DeAM) and Bankers Trust Company, and served as managing director and global head of insurance asset management.