The Life & Protection (L&P) Division of Transamerica has promoted Michael Babikian to president and CEO of Transamerica Brokerage, a distribution unit of L&P. He previously held the position of EVP, CMO, brokerage, and chief product officer for L&P. Babikian replaces Marty Flewellen, who was promoted to chief distribution officer of L&P.

Transamerica says that, prior to joining the company, Babikian was general counsel to Infinite Source Technologies Inc., an attorney for the tax law firm of Baker, Olson, LeCroy & Danielian, and a tax specialist in KPMG’s Multi-Family office.

Currently, Babikian serves as a board member of the Chief Marketing Officer Council; chairman of the board of directors and professor at Glendale University; and member of the University of Southern California (USC) Marshall Corporate Advisory Board, says Transamerica. He also serves as chairman of the board of directors of the Children’s Music Fund.

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