FBL Financial Group has announced that Richard J. Kypta, COO of Life Companies, will retire March 1. Upon his retirement, chief actuary John D. Currier Jr. will become COO.
Kypta joined FBL Financial in 2007 and served as SVP and general counsel before being named COO in March 2008. Prior to working at FBL Financial, he held legal, finance and operations positions with Aviva USA and Aegon Insurance.
Currier became chief actuary of FBL Financial in June 2013. Previously, he served as chief actuary at Aviva USA and also held actuarial and product management roles with ING US Financial Services and Conseco.
“Rich as been a very strong leader for Farm Bureau Life Insurance Company for the last six years,” said James P. Brannen, CEO at FBL Financial. “John’s promotion reflects his broad actuarial product and policy experience as well as his leadership skills, which he has clearly demonstrated since joining FBL last year.”