Pan-American Life Names Mickan Executive VP and CFO

Pan-American Life Insurance Company, headquartered in New Orleans, announced the selection of Carlos F. Mickan as executive vice president and chief financial officer (CFO). Mickan’s appointment is effective June 20.

“One of Pan-American Life’s strategic objectives is to increase our presence in Central and South America, along with the U.S. Hispanic and regional markets,” said José S. Suquet, president and CEO. “In Mr. Mickan, we are fortunate to have a highly-qualified executive who combines life insurance and international experience with a Hispanic background and outstanding career track.”

Previously, Mickan served as senior vice president and CFO of Principal International Inc., the International Division of Principal Financial Group. At Principal International, he managed financial relationships and activities across Latin America and Asia. As the leader of an international mergers and acquisitions program at Principal, he expanded the firm’s presence into India, Hong Kong, Mexico, Chile and Brazil.

During his five years at Principal International, assets under management grew from $1 billion to $10 billion. His responsibilities included financial reporting, corporate finance, management of information technology, expense, and tax functions and he assisted the firm in its ability to meet the compliance requirements of Sarbanes-Oxley.

Prior to joining Principal in 1999, Mickan held positions with Aetna International, as its country officer for Venezuela and previously as chief planning pfficer for 12 international subsidiaries. He also has served as the chief financial officer for CIGNA Latin America and as assistant treasurer for CIGNA Worldwide.

While Mickan’s international experience and exposure is very broad, he has expertise in the Latin American markets which are an integral part of Pan-American’s Life’s strategy. Additionally, he has assisted in the development of numerous successful acquisitions and joint ventures in Latin America. He also played a key role in helping Principal Financial transition from a mutual insurance company to a stock company, while contributing his financial acumen to significantly improve performance in the firm’s International Division.