SOURCE: Sammons Financial Group Inc

Sammons Financial Group

July 22, 2015 03:00 ET

Sammons Financial Group Names Ann Hughes as Chief Distribution Officer of Annuities

DES MOINES, IA--(Marketwired - July 22, 2015) - Sammons Annuity Group, a division of Sammons Financial Group, is proud to announce the appointment of Ann Hughes as Vice President and Chief Distribution Officer. She will be responsible for setting strategic direction for distribution activities of the organization, which includes developing the sales, recruiting, and training strategy for distribution channels.

"We are pleased to have a leader with Ann's experience in annuity distribution join our team," stated Cindy Reed, President of Sammons Annuity Group. "She is an engaging leader who understands the needs of our distribution system and offers a strategic vision that will strengthen our standing in the marketplace."

Hughes has 15 years experience in the financial services industry, and most recently was the founder and CEO of a firm providing public speaking, consulting and coaching services to financial service professionals, broker dealers and financial service organizations. Prior to that, she helped launch Sammons Retirement Solutions as Head of Business and Sales Development. She also held various leadership roles at ING during her ten years at the organization, including Head of Sales and Business Development for Annuities.

Sammons Annuity Group is responsible for production, product development, management and operations of a wide-variety of traditional and fixed index annuities through Midland National® Life Insurance Company and North American Company for Life and Health Insurance®, both member companies of Sammons Financial Group. The combined sales of the Annuity Division consistently rank within the top 10 Indexed Annuity carriers in the U.S. (Source: AnnuitySpecs.com, Quarterly Indexed Sales & Market Report).

Sammons® Financial Group, Inc. (SFG) is the parent of a group of member companies under the insurance Holding Company Act made up of several successful financial services companies offering a variety of financial and retirement products through multiple distribution channels. These consist of retirement products, annuities, variable annuities1, variable life insurance1, and life insurance (including bank, corporate, and credit union-owned life insurance). The member companies of SFG include North American Company for Life and Health Insurance®, Midland National® Life Insurance Company, including its divisions, Sammons Annuity Group, Sammons Corporate Markets Group, Sammons Retirement Solutions® Inc., and Sammons Financial Network® LLC. For more information, please visit www.sammonsfinancialgroup.com.

1Securities distributed by Sammons Financial Network® LLC, member FINRA. Insurance products are issued by Midland National® Life Insurance Company (West Des Moines, IA). Sammons Retirement Solutions® Inc. provides administrative services. Sammons Financial Network® LLC, Midland National® Life Insurance Company, and Sammons Retirement Solutions are affiliated companies and indirect wholly owned subsidiaries of Sammons Enterprises, Inc. of Dallas, Texas.

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