Foresters Names President, CEO

Foresters, a life insurance carrier headquartered in Canada, has named Anthony Garcia as president and CEO, effective May 1. Garcia succeeds current president and CEO George Mohacsi, who will retire on June 30. Garcia will be relocating to Toronto.

Garcia has more than 26 years of executive management and leadership experience in the life and annuity industry, Foresters said. He most recently was president of Western and Southern Agency Group. Previously, he was president and CEO of TIAA-CREF Life Insurance Co.

Garcia also has financial services industry experience via positions held with Allstate, HSBC and the HealthMarkets life and health subsidiaries, Foresters said. He currently serves on the American College Board of Trustees, and the Center of Ethics for the American College Board of Trustees. Formerly, he served on the American Council of Life Insurers Board of Directors.

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