AFBA's CIO Bell to Retire; Chairman Selects Delahan

ALEXANDRIA, Va., July 24, 2012 /PRNewswire/ -- Armed Forces Benefit Association (AFBA) today announced that Chief Information Officer Bob Bell has elected to retire as CIO of AFBA.  Madeline Delahan succeeded Bell as CIO effective June 21, 2012. 

"Bob put in place the information systems and process foundations that are enabling AFBA to serve broader and more diverse markets.  Under his strong leadership and strategic guidance, he has built a team that worked hand-in-hand with the operating entities to grow our insurance in-force from $32.6 billion to $40 billion, while significantly reducing internal operating costs.  Bob has been an all-star CIO and we wish him the very best in his well-deserved retirement," said General Ed Eberhart, USAF (Ret.), Chairman and President, AFBA.

Bob plans to continue his work as an adjunct professor in the School of Business at The George Washington University as well as serving as a director on several boards. 

About Madeline Delahan

Madeline joined AFBA in April 2007 as the Deputy CIO.  Working closely with the CIO, she managed the modernization of the policy administration system and IT project management processes.  During her 25 years of experience in Information Technology, she has consulted for both corporate and government clients including AT&T-SBC, Verizon, the Dept. of Homeland Security, and the Dept. of Commerce International Trade Administration.  She has held director level positions in software development at FileNet Corporation, now owned by IBM, and ScanOptics, Inc.

Madeline holds a M.S. in Computer Science from California State University and a B.S. in Computer Science from the University of California. She was certified as a Project Management Professional by the Project Management Institute (PMI) in 2002. 

"Madeline is the natural choice to be our CIO.  She has worked closely with Bob Bell over the last 5 years and is more than ready to assume her new role.  Her leadership and technical skills will be key to the successful evolution of AFBA and its related enterprises," said General Ed Eberhart, USAF (Ret.), Chairman and President, AFBA.

About AFBA

Founded to Serve Our Great Nation

AFBA was established in 1947 with the support of the General of the Army, Dwight D. Eisenhower, to ease the strain on military members and their families during wartime. At that time, servicemembers could not purchase life insurance that would pay a death benefit if the member was killed in a war zone.

For over sixty-five years, AFBA, the Armed Forces Benefit Association, has stood by our country's armed forces. AFBA provides life insurance in both war and peace to those who serve this great nation including military, first responders and government employees.

What makes AFBA unique is that, unlike so many other insurance companies, AFBA's insurance coverage continues to have no war or terrorism exclusions. AFBA also offers other financial benefits and services to its members.

AFBA Stands by Its Members

AFBA has paid life insurance claims to the families of members who lost their lives in the Korean, Vietnam and Persian Gulf conflicts, the attack on the Pentagon and the wars in Iraq and Afghanistan. AFBA continues to keep its rolls open during the "War on Terrorism." The Association has over 345,000 members insured with $37 billion of insurance in force. Life insurance claims paid exceed $1.2 billion.

Outstanding Leadership

AFBA is under the leadership of a President-Chairman and a Board of Directors of retired senior flag and non-commissioned officers and business leaders from private industry who continue to honor the mission of its founders.

AFBA Related Enterprises

5Star Financial, LLC, a financial services holding company owned by the AFBA Investment Trust, offers AFBA members and the general marketplace financial services including individual life insurance and banking services.

5Star Life Insurance Company is the principal underwriter of AFBA's group life insurance programs in addition to offering individual life insurance products.

Web: afba.com

SOURCE AFBA