Gary C. Bhojwani, ’90 LAS, elected to American Council of Life Insurers’ board of directors
The American Council of Life Insurers (ACLI), whose members provide financial and retirement security solutions to 75 million American families, elected CNO Financial Group, Inc. president and CEO-successor Gary C. Bhojwani, ’90 LAS, to its board of directors.
“Gary is a respected industry leader whose extensive life insurance industry knowledge and experience will be assets to our board,” said ACLI President and CEO Dirk Kempthorne. “I look forward to working with him in support of the industry and families that rely on us for their financial and retirement security needs.”
Mr. Bhojwani joined CNO Financial Group as president in April 2016. In May 2017, Mr. Bhojwani was named CNO’s CEO successor, effective January 1, 2018, and to CNO’s board of directors, effective immediately.
In his current role as president, Mr. Bhojwani oversees CNO’s three business segments: Bankers Life, Colonial Penn and Washington National, along with having responsibilities for marketing, communications, underwriting and new business.
Prior to joining CNO, Mr. Bhojwani was a member of the Board of Management of Allianz SE from 2012 to 2015. He was chief executive officer of Allianz Life Insurance Company of North America from 2007 to 2012, and was president of commercial business of Fireman’s Fund Insurance Company from 2004 to 2007. Mr. Bhojwani was chief executive officer of Lincoln General Insurance Company from 2002 to 2004, founder and chief executive officer of Avalon Risk Management from 1998 to 2002, and president, Trade Insurance Services from 1995 to 1997.
He holds a Bachelor of Science degree in actuarial science from the University of Illinois and a Master of Business Administration, with dual concentrations in finance and marketing, from the University of Chicago.
In addition to CNO’s board, Mr. Bhojwani is a current member of several boards, including the board of directors of Hormel Foods, Allina Health and the Minneapolis Institute of Arts. He is a previous board member of the Financial Services Roundtable and the U.S. Chamber of Commerce.