Forethought Financial Group, Inc. Names Former Transamerica CEO Paula Nelson as President of Bank Channel Distribution

Former AEGON and Transamerica Executive Will Lead Forethought Distributors, LLC

Jun 08, 2010, 08:00 ET from Forethought Financial Group, Inc.

INDIANAPOLIS, June 8 /PRNewswire/ -- Forethought Financial Group, Inc. ("Forethought"), a leading provider of insurance and financial products, today announced the appointment of Paula Nelson as President of Forethought Distributors, LLC, the company's newly formed channel for distribution of annuity and life insurance products through financial institutions.

Ms. Nelson will lead Forethought's institutional distribution and marketing strategies, focused on financial institutions.

Prior to joining Forethought, Ms. Nelson was managing director of AEGON Financial Services Group, Inc., a global financial services organization offering insurance, investments and retirement products through financial professionals worldwide.  Previously, she was chief executive officer of Transamerica Capital, Inc., a leading wholesale broker dealer offering variable and fixed annuities, mutual funds and life insurance.    

"Paula is one of the most accomplished and well respected professionals in the industry and brings with her more than 25 years of experience and powerful national and regional relationships in the bank and broker dealer community," Forethought Chairman, President and CEO John Graf said.  "We are very fortunate to have her join the team."

"Joining Forethought is an incredible opportunity," Nelson said.  "We plan on being very aggressive in addressing the opportunities that now exist for Forethought to develop multi-faceted products designed to help financial institutions provide safe and secure retirement options for their clients and to do it with outstanding service and support systems.  The road ahead is going to be an exciting one."

About Forethought Financial Group, Inc.

With assets in excess of $4.5 billion, more than $1.1 billion in annual revenue, $4.9 billion of life insurance protection in force, more than two million policyholders, and a 25-year history of quality, service and reliability,  Forethought is a preeminent leader in the delivery of high-value insurance and financial services across the U.S. For more information, please visit

SOURCE Forethought Financial Group, Inc.