NASDAQ OMX

PA Group Named Charles Jorge New President

15.1.2016 19:51 | NASDAQ OMX

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MIAMI, 2016-01-15 19:51 CET (GLOBE NEWSWIRE) -- PA Group, Premier Assurance Group SPC Ltd., announced the appointment of Charles Jorge, who served as PA Group’s Senior Vice President of Business Development, as its new President and the transition of current President, Leonardo L. Cornide, to the position of Chairman of the Board.

“We are at a stage in our company’s growth where we need to scale our efforts and increase our global expertise. We believe that Charles Jorge has the appropriate skills and vision to take our company to the next level,” said Leonardo L. Cornide.

Before joining PA Group, Charles Jorge was President at Worldwide Medical Assurance Ltd., an international insurance and reinsurance company headquartered in Panama. Prior to this position, he led, as VP of Sales and Marketing, the Life Division of American Fidelity Assurance, an “A+” rated company by A.M. Best since 1982.  In addition, Mr. Jorge also has well-documented success with Pan American Life Insurance Company, based at the company’s headquarters in New Orleans, Louisiana. Charles Jorge brings 26 years of prominent industry experience to PA Group.

“I am privileged to accept this opportunity to lead the talented team of executives heading PA Group’s different operating divisions. I am committed to see this company grow and reach its full potential and continued global expansion,” said Charles, who joined PA Group in May 2014, and oversaw the company’s revamping of its business development team and its successful expansion in Latin America.

PA Group’s new appointed chairman, Leonardo L. Cornide, expressed confidence in the company’s decision to name Charles as his successor. "Charlie is a remarkable leader who has been responsible for a great portion of our success over the past 19 months," said Cornide. “We are delighted that he has accepted the position." Leonardo concluded, “I'm confident Charlie will ensure that PA Group continues to make its name in the market, becoming a leader in providing global insurance and international financial services.”

Mr. Jorge holds a Bachelor of Science in Business Administration from the University of Central Florida, and a LIMRA Leadership Institute Fellow (LLIF) designation, completed at the Wharton School of Business of the University of Pennsylvania. Furthermore, Charles has distinguished himself as an industry leader serving on several boards and councils for industry trade associations such as LOMA and LIMRA, among others.

About PA Group
From protecting our clients’ health with worldwide coverage to helping them achieve a successful financial future, PA Group creates financial security road maps for life’s most significant events. For over 18 years PA Group has guided and protected our international clients with comprehensive health and wealth accumulation solutions. To learn more about PA Group, visit www.pagroupco.com.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b01c696a-3fb6-44ba-b0c4-c70e55900e03

Photo is also available via AP PhotoExpress.

For media inquiries, contact Jackie Villavicencio, Marketing Manager of PA Group, at (305) 405-7132 or email marketing@pagroupco.com.

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