FBL Financial Group has appointed Russell Wiltgen as Chief Actuary, who will be a member of the management team and will have overall responsibility for actuarial matters and enterprise risk management.

Mr Wiltgen has nearly 30 years of experience in the financial services industry and held product management positions in the UNIFI companies, serving as vice president of Individual Annuity Product Management.

James Hohmann, chief executive officer of FBL Financial, said: “Russ brings outstanding experience and insight to this new position and to our management team. His proven leadership in the financial services industry positions him to contribute, in significant ways, to driving long-term profitable growth for FBL Financial Group. His achievements in product development, risk management and strategic planning will enhance our value creation for customers and shareholders.”

FBL Financial Group is a holding company whose operating subsidiaries are Farm Bureau Life Insurance Company and EquiTrust Life Insurance Company. The company underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses.