I have a great deal of respect for the members of the ALFG Board, their vision for the company, and the company’s 106-year history of serving the under-served financial services community," said Roy Barnes
Atlanta, GA (PRWEB) December 16, 2011
The Atlanta Life Financial Group (“ALFG”) announces the appointment of former Georgia Governor Roy Barnes to its Board of Directors.
“We are pleased and energized to have Governor. Barnes join our board,” said Board Chair Egbert L. J. Perry. “He will be an excellent addition as we expand our financial services platform.”
This will be Governor Barnes’ first corporate board since leaving the office of governor in 2003. “I’m delighted to have been asked to join the board of this historic institution.” Barnes said. “I have a great deal of respect for the members of the board, their vision for the company, and the company’s 106-year history of serving the under-served financial services community, as well as institutional and municipal clients across the country. I am looking forward to helping to build on that legacy into the 21st century.”
The newly appointed President and CEO, William J. Taggart said that “Having Governor Barnes join our board at the beginning of my tenure as CEO adds to the excitement of this new era. He is an extraordinary leader, and his contributions to the board will be welcomed.”
ALFG, which was founded by Alonzo Herndon in 1905 as a life insurance company, now includes Herndon Capital Management – an institutional asset management firm; Jackson Securities (“JS”) – an investment banking and brokerage firm; and Atlanta Life Insurance Company. Said Perry, “In Maynard Jackson and Alonzo Herndon, we have two legendary figures who were extremely important to Atlanta, the region and our great nation."
In addition to Perry, who is Chairman & CEO of The Integral Group, Barnes joins Roosevelt Giles, president and CEO of Endpoint Consulting Group; M. Alexis Scott, publisher and CEO of Atlanta Daily World; William J. Stanley, III, founder and CEO of Stanley, Love –Stanley and William J. Taggart, president and Chief Executive Officer of ALFG.
Atlanta Life Financial Group is the only African-American owned and privately held company in the country with a financial services platform that includes asset management, investment banking/brokerage and insurance. Atlanta Life Financial Group’s three (3) subsidiaries include: Herndon Capital Management (HCM), an institutional investment firm specializing in large capitalization equity strategies; Jackson Securities (JS), an investment bank/brokerage firm that specializes in Municipal Finance, Corporate Underwriting and Equity Execution; Atlanta Life Insurance Company (ALIC), the oldest member of Atlanta Life Financial Group’s Family of Companies. ALIC’s capabilities include the reinsurance of group life insurance and dental benefits; and a multi-line insurance broker that offers personal & commercial lines of property & casualty coverage, including E&O and D&O, as well as life, health and other financial service products.