William A. Clement, CLU
President and Chief Executive Officer, Atlanta Life Financial Group
Chairman, Jackson Securities
Mr. Clement is the President & CEO of Atlanta Life Financial Group, Inc.
Mr. Clement is a third generational insurance professional, and is the former Chairman and co-founding stockholder of The Clement Insurance Group, Incorporated, a multi-line insurance agency. He was awarded the Chartered Life Underwriter (CLU) designation by the American College of Chartered Life Underwriters in 1975. He is also a licensed insurance agent in the State of Georgia for Life, Accident & Health, and Property & Casualty insurance.
Mr. Clement also has extensive experience in the financial services industry. He was the former Vice President and Senior Loan Officer of Citizens Trust Bank in Atlanta, Georgia, and an institutional salesperson with The Robinson-Humphrey Company, Inc., a member firm of the New York Stock Exchange. He was also engaged by the City of Atlanta as a pension consultant to the City of Atlanta General Employees, Police and Fire pension funds.
Appointed by President Carter, Mr. Clement served as the Associate Administrator of the US Small Business Administration in Washington, D.C. during the Carter Administration.
He is a board member of two publicly-traded companies, Radiant Systems, Inc. and TRX, Inc. He is the Chairman of the board of DOBBS, RAM & Company, a systems integration company he founded in 1981.
Mr. Clement is Vice-Chair of the board of Opportunity Funding Corporation, a trustee of the Maynard Jackson Youth Foundation and a member of the Trustee Board of Antioch Baptist Church. Also, he currently serves on the board of the Metro Atlanta Chamber of Commerce, The Commerce Club, Atlanta Committee for Progress, and the board of trustees of the Woodruff Arts Center.
Mr. Clement was the Chairman of the Board of the Atlanta Business League, and a former co-chair of the Atlanta Action Forum. He also served as Vice-Chairman of Atlanta Downtown Improvement District, Inc; and was a member of The Carter Center Board of Councilors. He was a charter member of the 100 Black Men of Atlanta.
Born in Atlanta, Georgia, Mr. Clement received his BA from Morehouse College and his MBA from the Wharton Business School, University of Pennsylvania. As a member of the Society of International Business Fellows, he studied at the London School of Economics.
Geoffrey Nnadi, CPA
Executive Vice President and Chief Financial Officer
Geoffrey C. Nnadi is the Executive Vice President and Chief Financial Officer of Atlanta Life Insurance Holding Company and Atlanta Life Financial Group, the largest African-American stock-owned life insurance company in the United States.
Mr. Nnadi has over twenty years experience in the insurance industry. He has held various management positions within the industry, including Finance, Treasury and Operations. He joined Atlanta Life Insurance Company in September 1993 as Controller.
Geoffrey began his career with Sun Insurance Services, Inc., in 1987. He continued his career with Primerica Financial Services in 1989 where he held various managerial positions.
During his tenure at Atlanta Life, he served in key management positions including Vice President/Treasurer, Chief Operating Officer, and currently as Executive Vice President & Chief Financial Officer.
For the administrative year 2001-2002, Geoffrey served on the Financial Officers Committee for the Life Insurers Council (LIC), was a member of the LOMA Home Service Committee, and has served on the Board of Directors for the Georgia Soccer Foundation.
Geoffrey is a 1986 summa cum laude graduate of Alabama A&M University with a Bachelor of Science degree in accounting and a summa cum laude recipient with a Masters Degree in Business Administration. He is a Certified Public Accountant and serves with various industries and civic organizations.
Leonard P. Grimes
Vice President, Chief Operating Office, Atlanta LIfe Insurance Company
Leonard P. Grimes is the Chief Operating Officer for Atlanta Life Insurance Company. Mr. Grimes has more than 39 years experience in the insurance industry and has held various management positions within the industry including claims, underwriting, sales and policy services. He joined Atlanta Life in March 1998 as an Underwriting Analyst. Mr. Grimes began his career with New York Life Insurance Company in 1969. He has since held management positions with Manhattan Life Insurance Company, US Life Insurance Company, The Guardian Life Insurance Company, National Life of Vermont and Kaiser Permanente. During his tenure at Atlanta Life, he has served in key management positions including Chief Underwriter/Assistant Vice President of Group and Reinsurance Sales and Marketing. Leonard attended New York University 's Bachelor of Art Program majoring in Anthropology completing his studies in 1987. He also completed various risk management courses at the College of Insurance in New York City .
Donald E. Smart
Vice President, General Counsel and Secretary
Donald E. Smart is General Counsel and Secretary of Atlanta Life Financial Group, Incorporated. Mr. Smart joined Atlanta Life Financial Group in January 2006. As a corporate lawyer and a corporate finance investment banker, Mr. Smart has twenty-six years of experience dealing with a wide range of complex and challenging corporate law and corporate finance matters. Prior to joining Atlanta Life, Mr. Smart served as Managing Director of Corporate Finance and General Counsel for Jackson Securities, Incorporated; Senior Vice President, Llama Company Investment Bank; Partner with Glankler Brown, PLLC; Mortgage Portfolio Manager and Staff Attorney for People's Bank; and Senior Associate, Municipal Finance Group, Investment Banking Group with Merrill Lynch Capital Markets. In addition, Mr. Smart founded and served as solo practitioner of The Smart Law Firm, with offices in Atlanta and Bridgeport, Connecticut. Attorney Donald E. Smart is a graduate of Harvard Law School, a graduate of Harvard Business School and an honors graduate of Harvard College. He is a member of the Georgia Bar, New York Bar, Washington D.C. Bar, Tennessee Bar and the Connecticut Bar.
Giyan C. Chhabra, ASA, MAAA
Actuary
Giyan C. Chhabra joined Atlanta Life Financial Group in February 2001. He is an Associate Actuary and directs all functions the Company requires. Mr. Chhabra comes to us with an extensive background covering many facets of life insurance. He has gained the kind of experience that makes him well suited for the position of an actuary. Before joining Atlanta Life, Mr. Chhabra worked with different other life insurance companies in USA. He also worked as an Examining Actuary with Texas Department of Insurance. Before moving to USA in May 1981, he was with Life Insurance Corporation of India, New Delhi for over 23 years. Mr. Chhabra earned his BA degree from Punjab University in India. He became US citizen in 1987. The Board of Directors elected him as Valuation and Illustration Actuary of the Company on April 16, 2003.
Leonard C. Bevard
Corporate Treasurer, Atlanta Life Financial Group
Mr. Bevard is the Corporate Treasurer of Atlanta Life Financial Group, Inc. Mr. Bevard has more than 39 years experience in Accounting and Finance. Mr. Bevard has held various management positions in a number of industries including: Insurance, Oil Field Services, Industrial Chemicals and Public Accounting. Mr. Bevard joined Atlanta Life in September 1992 as Manager of Financial Accounting. During his tenure at Atlanta Life, he served in key management positions including Director of Financial Accounting and Corporate Controller.
Mr. Bevard began his career in New York City in 1969 with Coopers and Lybrand, a Public Accounting Firm. In 1974, Mr. Bevard began his tenure with N.L. Industries, where he held various managerial positions with N.L. Corporate Auditing, N.L. Chemical Division and N.L. Oil Field Services Division.
Mr. Bevard graduated in 1969 from Florida A & M University with a B.S. degree in math and accounting. He later earned a Masters in finance from Pace University . He has held board and committee appointments with numerous civic organizations including: Atlanta Columbia Community Connection, Inc., Houston United Cerebral Palsy and Atlanta and New Orleans United Way .
Kenneth R. Holley, CFA
Chief Investment Officer & Principal
As Chief Investment Officer, Ken oversees the firm's investment activities: setting policy and directing the activities of the investment staff. He is the portfolio manager responsible for Herndon Capital Management Large Cap Core International Equity product, and one of three investors responsible for managing Herndon Capital Management Large Cap US Core Equity product. In addition, Ken is a member of the Executive Management team responsible for the day-to-day business affairs of the Firm.
Ken has more than 17 years of experience in the investment and finance field. Prior to joining Atlanta Life Investment Advisors, Ken spent 8 years at Morgan Stanley in Asset Management. During his tenure, he managed a $1.5 billion domestic intermediate fixed-income portfolio and co-managed a $1.5 billion international equity portfolio. In addition he served on Morgan Stanley's ten-person Asset Allocation Committee that determines MSAM's investment policies and positions in all of the various asset classes. Prior to Morgan Stanley, Ken spent three years at the African Development Bank (ADB), in Abidjan, Cote d'lvoire as the Senior Finance Officer where he developed and implemented the investment philosophy and trading strategies for the Bank's $4 billion portfolios in U.S. dollars, Canadian dollars, French francs, deutsche marks and Japanese yen. Before the ADB he was co-founder, Vice President and Portfolio Manager at Ward & Associates, a fixed-income asset management firm serving large public and private pension plans. Ken began his career in finance as a fixed-income salesman at Salomon Brothers.
Ken's education includes a Bachelor of Science in Engineering from the University of Pennsylvania School of Engineering in 1982; Institut Superieur des Affairs, Wharton Overseas Program where he researched capital markets in Paris and London in 1986 and an MBA majoring in International Finance from the Wharton School of the University of Pennsylvania in 1987.
Randell A. Cain, Jr., CFA
Principal
Randell ("Randy") Cain is the portfolio manager responsible for managing Herndon Capital Management Large Cap US Value Equity product. Randy is also one of three investors responsible for managing the Large Cap US Core Equity product. Randy is also a member of the Executive Management team responsible for the day-to-day business affairs of the Firm.
During his 16 years in the investment and finance industry, Randy spent 5 years at NCM Capital managing nearly $200 million in large cap core equities while also analyzing the Financial, Basic Material, Energy, and Utility sectors. He also managed a $200 million large cap value portfolio that outperformed the benchmark. Randy's experience also includes equity and fixed income analysis at Trade Street Investment Associates (a former subsidiary of Bank of America) and Putnam Investments, as well as a one year fellowship with JP Morgan to gain experience in international investing.
In 1991, Cain received a Bachelor of Industrial Engineering degree from the Georgia Institute of Technology, as well as an Interdisciplinary Bachelor of Science degree from Morehouse College. He received an MBA from Harvard Business School in 1994 and earned the Chartered Financial Analyst designation in 1997.
Drake J. Craig, CFA
COO/Principal
Drake Craig is the portfolio manager responsible for managing Herndon Capital Management Large Cap US Growth Equity product. Drake is also one of three investors responsible for managing our Large Cap US Core Equity product. In addition, as COO, he is a member of the Executive Management team responsible for the day-to-day business affairs of the Firm. .
Craig has more than 19 years of experience, 7 years of which he spent at NCM Capital Management Group in Durham, North Carolina. During his tenure at NCM Capital, he rose from senior equity analyst to Senior Vice President and Director of Equities where he oversaw a 9-member equity investment team that managed over $5 billion in equity assets. During this time, he managed the firm's largest product, a $1.5 billion broad growth portfolio which included a subadvisory relationship with the Calvert Group. Craig began his career as an equity analyst at Edward Jones & Co. responsible for making stock recommendations in consumer oriented sectors.
Drake received a Bachelor of Arts in Business Administration from Morehouse College in 1989. He received the Chartered Financial Analyst designation in 1997, and an Executive MBA from the Kenan Flagler School of Business at the University of North Carolina.
