Bob Cotton has been appointed chief financial officer and senior vice president of National Life Group, it was announced today by Mehran Assadi, president and chief executive officer.
In his new post Cotton, who joined National Life in 1993, will be responsible for all financial operations of National Life Group, a Fortune 1000 company with $29 billion in assets under management. He will also work with Assadi on strategy and business development.
Commenting on the appointment, Assadi said, “Bob’s deep knowledge of National Life Group and his broad familiarity with the entire financial services industry will be of tremendous value as we execute our plans for the future. As the leader of our companywide initiative to craft a new three-year strategic plan Bob brought energy and focus that helped us develop a clear direction for our future.”
The companies of National Life Group offer life insurance, annuities, and investment* products and services.
Cotton began his career with the company as a staff auditor. He steadily assumed positions of greater responsibility and served as the company’s treasurer for six years before his appointment in January as senior vice president for finance.
“This is an exciting time for National Life Group,” said Cotton. “We are a very strong company with a strategic plan that is designed to make us even stronger. I am incredibly honored to be working with Mehran on executing this strategy.”
Cotton is a graduate of Clarkson University and earned a Masters in Business Administration from the University of Vermont. He is a Chartered Financial Analyst (CFA), a Certified Public Accountant (CPA), a Certified Treasury Professional (CTP), a Fellow of the Life Management Institute (FLMI), a member of the Association of Financial Professionals, the LOMA Treasury Committee, the New York State Society of CPAs, the Vermont Society of CPAs, and the Vermont Security Analysts Society.
Prior to joining National Life, he served as an accounting manager at Library Bureau, Inc., and before that as a senior accountant at Coopers & Lybrand.
He is a resident of Williston, Vermont.
National Life Group® is a trade name of National Life Insurance Company, Montpelier, Vt., Life Insurance Company of the Southwest, Addison, Texas, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York.