Mr. Kocher, 52, was previously in charge of developing new business in the bank channel and had been part of a triumvirate running the business since the departure almost a year ago of Henry Schulthesz. Mr. Schulthesz had headed the unit for three years.

The Chicago-based company named a director of the financial institutions division because of the growth of the business, said Jim Greenawalt, head of Kemper's overall distribution business.

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