The Allstate Corp. announced that Anurag Chandra will join Allstate Financial as COO, effective Jan. 31. In his new role, Chandra will be responsible for product development, asset liability management, underwriting and wholesaling for the company's life and annuity lines of business. He will report to Matthew Winter, Allstate Financial's president and CEO.

"Anurag's significant operational experience and broad insurance industry knowledge will help drive Allstate Financial's long-term strategy and enhance our ability to deliver growth," Winter says. "Anurag's expertise in repositioning a business to align its core capabilities with marketplace demand is particularly relevant to what we're doing at Allstate Financial, as we refocus on our core business of insurance, retirement and investment products."

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