Jeffrey A. Whitehead to Join FBL Financial Group as Chief Investment Officer

June 9, 2020

West Des Moines, Iowa FBL Financial Group, Inc. (NYSE: FFG) announced today that Jeffrey A. (Jeff) Whitehead will join the company as Chief Investment Officer on June 15, 2020. In this role, Whitehead will be a member of FBL’s management team and have overall responsibility for managing the company’s investment policy and strategy. Whitehead is replacing Charles T. Happel, who is retiring this year.

“I am pleased to have Jeff join FBL Financial Group. He brings extensive investment management experience in the insurance industry,” said Daniel D. Pitcher, FBL Financial Group’s Chief Executive Officer. “Jeff’s proven leadership and deep insurance investment experience will allow him to successfully lead FBL’s investment team and manage FBL Financial Group’s high-quality investment portfolio.”

For the past 19 years, Whitehead has been with Aegon USA Investment Management where he currently serves as Head of Insurance Asset Management & Client Investment Solutions. In this role he has led a team responsible for managing Transamerica’s $85 billion general account portfolios. Prior to Aegon, Whitehead was Director, Sales, Marketing & Insurance Portfolio Strategy with PIMCO (Specialty Markets) and Vice President, Insurance Portfolio Strategist & Director of Insurance Marketing with Conseco Capital Management. Whitehead holds a bachelor's degree from the University of Massachusetts, Amherst and is a Chartered Financial Analyst.

FBL Financial Group is a holding company with the purpose to protect livelihoods and futures. Operating under the consumer brand name Farm Bureau Financial Services, its affiliates offer a broad range of life insurance, annuity and investment products distributed by multiline exclusive Farm Bureau agents. Helping complete the financial services offering, advisors offer wealth management and financial planning services. In addition, FBL Financial Group manages all aspects of two Farm Bureau affiliated property-casualty insurance companies for a management fee. Headquartered in West Des Moines, Iowa, FBL Financial Group is traded on the New York Stock Exchange under the symbol FFG.

About Farm Bureau Financial Services

Farm Bureau Financial Services offers a full suite of insurance and financial services products to client/members in 14 western and Midwestern states. Our exclusive, multi-state agent force provides insurance products including auto, home, life, farm/ranch, business and more. Helping complete the financial services offering, advisors offer wealth management and financial planning services. Founded more than 80 years ago to serve the needs of farmers and ranchers, Farm Bureau Financial Services has grown to be one of the most comprehensive financial services providers in the market today.

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