Aflac Adds BlackRock’s Stevens As Head of Global Trading

Bloomberg News – By Zachary Tracer – June 7, 2012

Aflac Inc. (AFL), the world’s biggest seller of supplemental health insurance, hired Timothy “Chip” Stevens for the newly created post of global head of trading as the insurer increases its Wall Street presence.

Stevens joins from BlackRock (BLK) Inc.’s investment management unit, where he was head of fixed-income trading for the Americas, the Columbus, Georgia-based insurer said today in a statement. Stevens, 42, will report to Chief Investment Officer Eric Kirsch and be responsible for building Aflac’s trading systems and infrastructure, the firm said.

Kirsch is expanding Aflac’s investment-management unit beyond Georgia and Tokyo after joining the insurer from Goldman Sachs Group Inc. last year. Kirsch this week hired Bradley E. Dyslin, who once worked with him at Deutsche Bank AG, to be global head of credit at Aflac’s recently opened investments office in New York. Stevens, who was based in San Francisco for BlackRock, will join the Wall Street office on June 12.

To read the full article please click here.

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