Pamela Moret, CEO of IDS Life Insurance Co., a subsidiary of American Express Financial Corp., is leaving the company in January after nearly 20 years with the Minneapolis, Minn.-based firm.

Moret is leaving to assume the post of senior VP of marketing for the soon-to-be-merged Aid Association for Lutherans/ Lutheran Brotherhood (AAL/LB), also located in Minneapolis. At $55 billion in assets, the combined AAL/LB will serve approximately 3 million clients.

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