Jones Elected to Ohio National Board of Directors

May 8, 2015 2:00 PM

CINCINNATI, OH -- (Marketwired) -- 05/08/15 -- Ohio National Financial Services is pleased to announce the election of David R. Jones, a distinguished veteran of the financial services industry, to the Board of Directors of Ohio National Mutual Holdings, Inc.

Jones, co-founder, president and chief executive officer of CastleOak Securities, L.P., a leading boutique investment bank headquartered in New York City, was elected at today's policyholder meeting.

"David brings a depth of financial services industry experience to this position and we are honored to have him join our Board of Directors," said Gary T. "Doc" Huffman, CLU, ChFC, chairman, president and chief executive officer.

CastleOak Securities offers financial services including equity sales and trading, fixed income sales and trading, and financial advisory services. Since founding the company in 2006, Jones has overseen the substantial growth of both the firm's business activities and personnel. Under his leadership, CastleOak has become one of the top underwriters of debt and equity securities in the U.S.

Prior to CastleOak Securities, Jones was head of investment banking and capital markets at Blaylock & Company, Inc., where he worked closely with many of the firm's Fortune 500 clients. He joined Blaylock from Merrill Lynch, where he worked in the firm's investment banking and equity capital markets areas.

"Ohio National continues to deliver a complete portfolio of the highest quality life, variable annuity, retirement plan and disability income products with the benefits and protection our customers need to achieve financial security today and for generations to come. Our Boards of Directors will continue to provide corporate governance, working together with our executive management team in a culture of mutual respect," Huffman said. "We hold ourselves, the relationships we build, and the products we deliver, to the highest standard of quality."

"Ohio National is an acknowledged industry leader, well-positioned for the future," Jones said. "I am proud to join the Board of Directors of an organization known for its solid mutual heritage, excellent financial strength and history of providing long-term value for policyholders."

A native of Dayton, Ohio, Jones holds an MBA from the University of Pennsylvania, The Wharton School, and a bachelor's degree from Boston University, as well as Series 7, 24 and 63 FINRA licenses. He is a member of The Wharton School Graduate Executive Board, board of overseers of Boston University, the board of the New Jersey All Stars project, the board of the Council of Urban Professionals, and a member of the New Jersey chapter of the World Presidents' Organization. Mr. Jones was named as one of the 75 Most Powerful Blacks on Wall Street in 2011 by Black Enterprise Magazine.

Tracing its corporate origins to 1909, Ohio National markets a variety of insurance and financial products through more than 50,000 representatives in 47 states (all except Alaska, Hawaii and New York), the District of Columbia, Puerto Rico and through affiliated operations in South America. Additional subsidiaries operate in New York and Connecticut. As of Dec. 31, 2014, its affiliated companies have $41.1 billion total assets under management. Products are issued by The Ohio National Life Insurance Company and Ohio National Life Assurance Corporation. Named Cincinnati's "#1 Top Workplace" (large category) by the Enquirer Media (June 2010, 2012, 2013 and 2014), Ohio National has more than 1,200 associates. Visit www.ohionational.com for more information.

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Contact:
Adrienne Gutbier, APR
513.794.6254 office
513.508.9436 cellular

Susan McDonald
513.794.6325 office
513.633.1277 cellular

Source: Ohio National Financial Services

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