Aflac Incorporated announced today that it has hired Frederick J. Crawford as executive vice president and chief financial officer, reporting to Aflac Chairman and Chief Executive Officer Daniel P. Amos. In his new role, which will be effective June 30, 2015, Crawford will be responsible for overseeing the financial management of company operations. 

As previously announced, Kriss Cloninger III will remain as president of Aflac Incorporated, with a particular emphasis on capital and strategic planning, as well as helping the company grow the business while ensuring solid profitability. Cloninger will also be working closely with Crawford as he assumes the chief financial officer role. 

Crawford brings nearly three decades of financial and leadership experience to Aflac. Most recently, he served as executive vice president and chief financial officer of CNO Financial Group since 2012. Prior to that, he spent more than a decade at the Lincoln Financial Group serving in roles of progressive responsibility, including as executive vice president and chief financial officer as well as leading Corporate Development and Investments. Before joining Lincoln Financial Group, he also held leadership positions at Bank One Corporation. Crawford received his bachelor of arts degree from Indiana State University and a master of business administration degree from the University of Iowa, where currently serves as an advisory board member with the Finance Department at its Tippie College of Business.

Aflac Incorporated Chairman and Chief Executive Officer Daniel P. Amoscommented: "It is exciting to welcome such a well-respected leader and seasoned insurance executive with Fred's financial acumen and breadth of experience to our organization. Fred's appointment emphasizes our continued focus on disciplined financial management and our ongoing commitment to building a leadership team to enable us to achieve our long-term growth aspirations. I am confident that Fred will be a valuable contributor to Aflac in the coming years."

Regarding his new role as executive vice president and chief financial officer, Crawford commented: "It is a tremendous opportunity for me to join Aflac at such an exciting time. As I embark on my new role, I look forward to applying the experience I've gathered and opportunities I've been given to build on the reputation Aflac has established for transparency and financial strength."