The NAPSLO Board of Directors announced that Brady R. Kelley has accepted the position of Executive Director of the Association and will join NAPSLO on September 12, replacing Richard M. Bouhan who will be retiring from the organization following 30 years of service.
Mr. Kelley most recently was Chief Financial and Business Strategy Officer for the National Association of Insurance Commissioners (NAIC), the U.S. standard-setting and regulatory support organization governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories.
“After an extensive search we are very pleased to announce that Mr. Kelley has accepted the position as Executive Director,” said NAPSLO President Letha Heaton. “We would also thank Mr. Bouhan for his many years of service to the Association and the surplus lines industry.”
Mr. Bouhan will remain with the Association through June of 2012 working on the transition and also legislative and legal issues for NAPSLO. Mr. Bouhan joined the Association in 1981 as Legislative Director and became Executive Director in 1988.
Mr. Kelley has served as Chief Financial and Business Strategy and previously served as Chief Financial Officer, Director of Financial Services, and Financial Services Manager since joining the NAIC in 1998. He also served as a senior accountant for Price Waterhouse after graduating with a bachelor’s degree in accounting from the University of Missouri. He has also received the CPA designation.
“We are sad to see him leave us, and excited for the opportunity this provides him and his family,” said NAIC Chief Executive Officer, Dr. Therese M. (Terri) Vaughan. “Having appreciated his talents for 13 years at the NAIC, we applaud the wisdom of NAPSLO’s choice and wish Brady the very best of luck.”