Athene Holding Ltd. Names Martin P. Klein as Chief Financial Officer

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PEMBROKE, Bermuda--(BUSINESS WIRE)-- Athene Holding Ltd. ("Athene Holding," together with its subsidiaries, "Athene" or the "Company") announced today that it has appointed Martin P. Klein as Chief Financial Officer of Athene, effective November 9, 2015.

Mr. Klein brings over 30 years of life insurance, finance and investment banking experience to Athene. He joins the Company from Genworth Financial Inc., where he served most recently as Executive Vice President and Chief Financial Officer. In addition to leading the finance function at Genworth, he previously served as Acting Chief Executive Officer and President and drove the development and execution of Genworth’s turnaround strategy. Prior to Genworth, Mr. Klein held various senior leadership positions at Barclays Capital, Lehman Brothers and Zurich Insurance Group. He is a Fellow of the Society of Actuaries and a Chartered Financial Analyst. He has a M.S. from the University of Iowa and a B.A. from Hope College in Michigan.

Guy H. Smith III (Chip), who had been serving as Interim Chief Financial Officer for Athene, will continue in his role as President of Athene USA.

Athene Chairman and Chief Executive Officer Jim Belardi said, "We are pleased that Marty will join Athene as CFO. He brings extensive financial, leadership and public company experience. His appointment is another positive step for Athene as we continue to build upon our already strong executive team. I look forward to working with Marty to drive profitable growth and deliver shareholder value.”

Mr. Klein said, "I am delighted to join Athene as it continues to grow and expand its position in the retirement services sector. I look forward to leading Athene’s finance organization and helping the Company achieve its long-term strategic goals."

About Athene Holding Ltd.
Athene Holding, through its subsidiaries, is a leading provider in the retirement savings market. Athene Holding provides investment solutions, including savings products, to support retirees as well as those saving for retirement. The products offered by Athene include:

  • Retail fixed and equity indexed annuity products
  • Institutional products, such as funding agreements
  • Co-insurance and reinsurance arrangements with third-party annuity providers

Athene's principal subsidiaries include Athene Annuity & Life Assurance Company and Athene Life Insurance Company, Delaware-domiciled insurance companies, Athene Annuity and Life Company, an Iowa-domiciled insurance company, Athene Annuity & Life Assurance Company of New York and Athene Life Insurance Company of New York, New York-domiciled insurance companies, Athene Deutschland, a German-based life insurance company, and Athene Life Re Ltd., a Bermuda-domiciled reinsurer.

Further information about our companies can be found at www.athene.bm.

Athene Holding Ltd. or Athene Life Re Ltd. (Bermuda or Germany)
Tab Shanafelt, +1 441-279-8414
Enquiries@athene.bm
or
Athene Companies (U.S. Operations)
Karen Lynn, +1 515 342-3910
klynn@athene.com

Source: Athene Holding Ltd.

Released October 19, 2015