Gale K. Caruso has been named president and chief executive officer of Zurich Kemper Life of Long Grove, Ill.

She succeeds John B. Scott, who will become chairman of the company until his retirement in the first quarter of 2000, the company said.

Ms. Caruso most recently oversaw the launch of Scudder Funds' Canadian subsidiary, Scudder Canada Investor Services.

Zurich Kemper Life, an insurance company, is a sister company to Scudder Kemper Investments. Both are owned by Zurich Financial Services Group.

The appointments are expected to be ratified by Zurich Financial Services Group's board on Sept. 3.

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