William J. Taggart was named president and CEO of Atlanta Life Financial Group, effective July 18.
He will replace William A. Clement, who retired earlier this year, said spokeswoman Leslie E. McCoy.
Mr. Taggart was COO at the U.S. Education Department’s Office of Federal Student Aid.
Atlanta Life’s institutional equity subsidiary, Herndon Capital Management, manages $4.4 billion in worldwide assets, according to Arlene B. Pine, Herndon Capital’s director of marketing and client services.