The architect of Aetna Life and Casualty Co.'s program to sell annuities through banks has resigned unexpectedly.

David Sanderford, 52, an Aetna vice president, said this week he will leave the insurer, based in Hartford, Conn., in July. He declined to elaborate on his plans.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.