(AP) -- Gov. Nikki Haley has picked the former CEO of a U.S. subsidiary of the Royal Bank of Canada to lead South Carolina's insurance agency.
Haley announced Thursday that she has chosen David Black of Greenville to run the Department of Insurance.
Black was president and CEO of Liberty Life Insurance from 2004 to 2010. The Greenville-based company was part of the Royal Bank of Canada's insurance operations.
The Royal Bank announced last fall it was selling Liberty Life for $628 million.
Haley says she likes Black's experience, and said he will be a partner and friend to insurance companies.
The 53-year-old Black would replace Insurance Director Scott Richardson, a former state senator appointed to the job in February 2007.
Black must be confirmed by the Senate.
(Copyright ©2011 by The Associated Press. All Rights Reserved.)
