NU Online News Service, April 15, 2:30 p.m. — Washington
Oklahoma Gov. Frank Keating, a Republican, will become the next president of the American Council of Life Insurers.
The Washington-based ACLI says Keating will assume the office in January 2003, when his term as governor expires.
Keating's appointment as ACLI president had been widely rumored for several weeks
"We are truly fortunate that Frank Keating has agreed to take the helm as ACLI, says Joe Gasper, ACLI's chairman.
"Frank Keating is a strong leader with rich experience in state government, federal government and executive management," Gasper says.
Keating says he is flattered that ACLI has put its faith in him to lead the organization.
He says the life insurance industry is dedicated to helping Americans achieve financial and retirement security and that the industry contributes significantly to the American economy.
