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Nicole Lorey
Communications
Transamerica Insurance & Investment Group
(213) 741-5809

Michael Babikian Named Senior Vice President of Marketing for Transamerica Insurance & Investment Group

LOS ANGELES (Mar. 03, 2009) – Michael M. Babikian, J.D., L.L.M., M.B.A., has been promoted to Senior Vice President of Marketing for Transamerica Insurance & Investment Group (TIIG), a marketing unit of Transamerica Life Insurance Company (TLIC) and its affiliates, announced Marty Flewellen, President of TIIG.

Babikian succeeds Bill Tate, who has been promoted from Executive Vice President and Chief Marketing Officer for TIIG to Executive Vice President, AFP Division for the life insurance operations of the AEGON companies in the U.S. In his new role, Tate is responsible for AFP's overall life insurance product strategy, development, pricing and implementation.

Babikian joined TIIG in 2003 as an Advanced Marketing Consultant. "Michael has a particular talent for taking complex concepts and making them applicable for real-world sales situations," said Flewellen. "He is a sophisticated marketer with considerable expertise in advanced planning, product and distribution." Most recently, he served as Vice President, Strategic Marketing Services.

Prior to joining Transamerica, Babikian was General Counsel to Infinite Source Technologies, Inc., where he advised on all legal and tax matters. Previously, he worked as an attorney for the tax law firm of Baker, Olson, LeCroy and Danielian, where he advised clients on tax and business matters. His experience also includes working as a tax specialist in the Personal Financial Planning department of KPMG, where he consulted with high-net-worth clients and their tax and legal counsel on complex financial, tax, and estate planning issues. Babikian also worked in the legal department of the California Franchise Tax Board.

He is an Adjunct Assistant Professor of Law at Glendale University College of Law where he is a member of the Board of Directors. He has served as a member of the Board of Trustees for the Glendale Bar Association and as the chairman of the Board of Directors for the Glendale Bar Association Lawyer Referral Service. He was the Committee Chair for the Continuing Legal Education Committee of the Armenian Bar Association and was a member of the American Bar Association's Tax Committee for Exempt Organizations.

About Transamerica
Transamerica Life Insurance Company is an AEGON company. Headquartered in The Hague, the Netherlands, AEGON is one of the world's leading life insurance and financial services organizations. Transamerica Insurance & Investment Group—a marketing unit for Transamerica Life Insurance Company and its affiliates—offers an array of innovative financial services and products designed to help individuals, families and businesses build, protect and preserve their assets. Many of these products and services are underwritten by Transamerica Life Insurance Company or its affiliated statutory insurance companies, and include term life insurance, universal life insurance, variable universal life insurance and fixed annuities.

For more information about Transamerica, visit www.transamerica.com.