A news release said Jean LaTorre, currently Aetna vice president and head of fixed income investments, will replace the 54-year-old Holt. LaTorre will report to Executive Vice President and CFO Joseph M. Zubretsky.
Holt has been chief investment officer since September 1997. He joined Aetna in 1977 as a securities analyst in the Bond Investment Department.
“Those of us who have worked with Tim have come to know that he is a man of sound financial judgment and great skills in managing a complex investment portfolio,” said Ronald A. Williams, chairman and CEO, in the news release.