LINCOLN, Neb., September 7, 2021 / PRNewswire / – Midwest Holding Inc. (“Midwest”) (NASDAQ: MDWT) today announced that Georgette C. Nicolas will become President and Chief Financial Officer, effective September 8, 2021.
Ms. Nicholas brings over 30 years of experience in the global financial services industry, including insurance, reinsurance and capital markets. She is committed to developing a strong culture and leadership in organizations, supporting diversity and inclusion to increase engagement. Ms. Nicholas used this, along with her business and financial acumen, to drive strategy and results.
Ms Nicholas previously served as CEO and Managing Director of Genworth Mortgage Insurance Australia, an ASX listed company in Sydney, Australia. She has also held various positions at Genworth Financial, Inc. in the area of investor relations, CFO positions in the mortgage insurance industry and management control. Ms. Nicholas has also worked in the field of public accounting, notably as a chief of staff at Deloitte.
“We are delighted to add Georgette to our team here in Midwest. His significant expertise in business, investment, finance and insurance will provide us with additional support as we grow our technology-driven life insurance and annuity business and its commitment to creating value for our clients and partners, “said the co-managing director Mike minnich.
About Midwest Holding Inc.
Midwest Holding Inc. is a service-oriented, technology-driven annuity platform. Midwest designs and develops in-demand life insurance and annuity products that are distributed through independent distribution channels to a large and growing demographic of US retirees. Midwest creates, manages and transfers these annuities through reinsurance arrangements to asset managers and other third party investors, who are actively seeking these financially attractive products. Midwest also provides the operational and regulatory infrastructure and expertise to enable asset managers and third party investors to form, capitalize and manage their own reinsurance capital vehicles.
This press release contains forward-looking statements within the meaning of the Securities and Exchange Act of 1934, as amended, including statements of objectives, intentions and expectations as to trends, plans, events or future results of operations. and Company policies and relating to economic conditions. These forward-looking statements are based on current expectations that involve risks, uncertainties and assumptions, including those relating to the global COVID-19 pandemic and the associated potential impacts on the Company, its financial condition and its results of operations. . As a result of these uncertainties and the assumptions on which forward-looking statements are based, actual future operations and results may differ materially from those indicated in this document. Readers are cautioned not to place undue reliance on these forward-looking statements. For more details on the factors that could affect these expectations, see the risk factors and other caveats included in the Company’s filings with the SEC, which can be obtained online at the Securities and Markets website. United States Exchange Commission at http://www.sec.gov. Except as required by law, the Company does not undertake to update the forward-looking statements contained in this press release.
SOURCE Midwest Holding Inc.