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New Center for Ethics at The American College to Feature Financial Services Leaders at Inaugural Event

Recent reports in the media have focused on allegations of financial impropriety and a lack of professional ethics at some major corporations. Enron, Worldcom, HealthSouth, and market timing issues have all been the subject of significant media attention. In an effort to be proactive about issues of concern, leading thought makers on business ethics will share their insights at a special panel discussion sponsored by the only ethics center of its kind at The American College on March 16, 2006, from 2:00 - 4:00 p.m.

BRYN MAWR, PA (PRWEB) February 27, 2006 -- Leading thought makers on business ethics will share their insights at a special panel discussion sponsored by the only ethics center of its kind at The American College on March 16, 2006, from 2:00 – 4:00 p.m.

The event is designed to raise awareness of the importance of professional ethics and is being held in conjunction with other financial services industry Ethics Awareness Month activities. The panel discussion, which is being webcast throughout the United States, will include such prominent leaders as:
·    Ed Zore, Chief Executive Officer, Northwestern Mutual.
·    John Johns, Chief Executive Officer, Protective Life
·    John H. O’Byrne, Chief Conduct Officer, New York Life
·    Gus Comiskey, Jr., Senior Vice President, Clark Consulting
·    Jim Mitchell, Chief Executive Officer, IDS Life (retired)
These leaders will share their concerns and insights on a host of ethical issues including life settlements, compensation disclosure, and the marketing and sale of annuity products.

Ethics Awareness Month boasts a prestigious 15-year history. In December 1990, The American College, along with numerous companies and sister organizations in the financial services industry, initiated a national Ethics Awareness project as part of a weeklong event. Financial services professionals across the country conducted joint meetings to discuss ongoing ethical challenges. In the following year, the ethics awareness event was extended and March has since been dubbed “Ethics Awareness Month” (EAM) by the financial services industry.

During the past 15 years, as many as 150 insurance companies at a time and more than 100 other financial services-related companies, professional associations, and societies have organized a variety of activities and published ethics-related articles in their employee/agent publications in recognition of Ethics Awareness Month.

Insurance and financial services professionals across the country have participated in hundreds of ethics programs and meetings concerning ethical issues affecting the financial services industry. Both companies and individual practitioners have found Ethics Awareness Month to be a useful way to reaffirm their commitment to professional conduct.

This year’s celebration of Ethics Awareness Month coincides with the launching of The American College Center for Ethics in Financial Services. The mission of the Center is to assist in raising the level of ethical behavior in the financial services industry. The Center aims to serve as a catalyst for professional and responsible behavior by providing information to multiple stakeholders, stimulating productive dialogue among constituencies, and influencing behavior through a diverse array of programs.

The panel discussion is open to the public and free of charge and will be available as a national webcast. Arrangements are currently being made to have companies, agencies, and/or schools make this webcast presentation available to interested consumers and professionals.

Persons interested in participating in person or via webcast should contact the Director of the Center for Ethics in Financial Services at The College by sending an e-mail to Ronald.Duska@TheAmericanCollege.edu by March 1, 2006. Financial professionals using this e-mail should indicate if they are interested in CE, CPE, and CLE credit (pending approval). Additional information and a link to the online registration form are available at www.TheAmericanCollege.edu/Ethics

The American College is the nation’s leading non-profit educator of professionals in the insurance and financial services industry. Located in Bryn Mawr, Pennsylvania, The College is a public charity founded in 1927 and accredited by the Middle States Association of Colleges and Schools. The American College offers an array of specialized designation programs, Master of Science degrees in several disciplines and customized continuing education programs predominantly on a distance education basis for those pursuing a career in financial services. For more information, visit www.TheAmericanCollege.edu

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Eric B. Gordon
The American College
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Ron Duska, PhD, Director of the Center for Ethics in Financial Services at The American College
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