Announcement of Senior Officer Changes at Lafayette Life

Mr. Lawrence R. Silverstein, Senior Vice President and Senior Distribution Officer of Lafayette Life, is retiring on Dec. 31. Mr. Silverstein’s retirement will conclude 25 years of service with Lafayette Life and Western & Southern Financial Group. Prior to his current role, Mr. Silverstein served as Vice President and Chief Underwriter. 

His extensive leadership of Lafayette Life underwriting and new business, and his deep commitment to the success of all subsidiaries within the enterprise, enabled his successful transition to his current role. Mr. Silverstein has been instrumental in driving the growth of Lafayette Life, while maintaining high standards. His ongoing support of the company is deeply appreciated. 

Mr. Johan Nils Sund, Vice President of Sales, will succeed Mr. Silverstein as Senior Vice President and Senior Distribution Officer. Mr. Sund will provide strategic leadership and direction to the sales and distribution organization of Lafayette Life. 

Mr. Sund began his career with Western & Southern Financial Group in 2011 as a Sales Development Representative with Lafayette Life. 

He was promoted to a Producing General Agent Training Coordinator in 2012; Advanced Markets Consultant in 2014; Director of Independent Marketing Organizations distribution in 2016; and to his current role, Vice President of Sales, in 2019.

Mr. Sund earned a bachelor’s degree from Eckerd College in international business, with a minor in finance, and a Master of Business Administration from the University of Cincinnati. He holds the Chartered Life Underwriter (CLU) and Retirement Income Certified Professional (RICP) designations. 

Please join me in wishing Larry well on his retirement and congratulating Johan on his new role.