Genworth Financial Inc. says Patrick B. Kelleher, EVP and CEO of the U.S. life insurance division, is leaving Genworth effective December 31.

Genworth says Tom McInerney, Genworth president and CEO, will work closely with Kelleher to transition responsibilities and will serve as CEO for the U.S. Life Insurance division in the interim, until a search is conducted and a replacement named to fill the role.

The business is hoping strategic progress, financial position and performance of the business will enable a transition, which Genworth indicates will include significant business development and distribution focus.

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