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Get Your Free Insurance Quote Below:M. Nasim Ali, Executive Vice President at
SBLI USA Mutual
Life Insurance Company, Inc Appointed to Board of Hispanic Policy and
Research Foundation NEW YORK, NY (ContentDesk) May 7, 2004 --- M. Nasim Ali, executive vice president, marketing and sales at SBLI USA Mutual Life Insurance Company, Inc. has joined the board of trustees of the Foundation for the Center for Hispanic Policy, Research & Development (CHPRD).Since 1975, CHPRD has been working through New Jersey's Department of Community Affairs to empower the Hispanic community through various programs and services, including:* Administering grants to community-based organizations;* Offering assistance and referral services to empower community-based organizations;* Creating training and employment opportunities for college interns;* Developing public/private partnerships to enrich CHPRD's programs and initiatives;* Recognizing the contributions of the New Jersey Latino community.As a trustee, Mr. Ali will provide guidance and suggestions on how to further empower the Latino community. According to the CHPRD, Hispanics currently are the fastest-growing population in New Jersey, comprising about 13 percent of the state's total population."I am honored and delighted to be a part of the CHPRD, which serves as a valuable community resource. SBLI USA reaches out to support families and is committed to supporting the needs and issues relevant to the Hispanic community. CHPRD's goals are aligned with our goals of helping support community and individuals in attaining financial independence and stability," Mr. Ali said. Mr. Ali added that recent studies by the Life Insurance Marketing Association* have shown that only 34 percent of the Hispanic population have life insurance, compared with 62 percent of the general population. "I look forward to helping the Hispanic community bridge important gaps in their financial lives." "We are pleased that SBLI USA has named Mr. Ali as its representative on the foundation and we look forward to working with him in promoting the programs and services of CHPRD," said CHPRD Director, Ms. Angie Armand Leon. The CHPRD receives funding from an appropriation in the state budget.Mr. Ali is a pioneer in marketing financial services to the Asian, Latino and African-American communities in the Tri-state area. Since joining SBLI USA in 1999, he has built a sales and marketing organization that has been instrumental in achieving the company's double-digit sales growth through multiple distribution channels and value-added sales concepts.A native of Bangladesh and an American citizen, Mr. Ali is a member of the American Academy of Actuaries and a graduate of the London School of Economics and Political Science. His background and extensive community involvement on behalf of SBLI USA provide him with the unique vision necessary to be a true asset to the multi-cultural community.*"Marketing to Hispanics in the U.S.," 2002 LIMRA International About SBLI USASBLI USA Mutual Life Insurance Company, Inc. is a financial services company that is committed to the value-conscious people who make America work. The company is dedicated to building lifelong relationships with customers and empowering them with the education and tools they need to take control of their financial destinies.SBLI USA and its subsidiaries are licensed in 50 states, the District of Columbia and Puerto Rico. With more than $1.4 billion in assets, $120 million in surplus capital, 250 employees and over 400,000 customers, the company is committed to offering affordable, flexible and easy-to-access products through a variety of integrated channels, including direct mail, telemarketing, the Internet and licensed agents, as it expands nationally.SBLI USA Mutual Life Insurance Company, Inc. is the parent company to SBLI USA Holdings, Inc., which owns subsidiary companies S.USA Life Insurance Company, Inc., and SBLI USA Diversified Services Company, Inc. Additional information about SBLI USA products and services can be found at www.sbliusa.com.
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