CNO Financial Group Inc. has appointed Cheryl Heilman to vice president and president of Bankers Life Securities Inc. and Bankers Life Advisory Services Inc. In this role, she will be responsible for driving the strategic growth agenda of both the retail broker-dealer and registered investment adviser businesses, BLS and BLAS respectively, with collectively over $1 billion in client brokerage and managed assets. 

Heilman most recently served as president of Ameritas Investment Corp. in Lincoln, Nebraska. She managed $21.8 billion in customer assets, led the growing insurance company-owned broker-dealer/registered investment advisor and was an integral part of the company's growth over the past 15 years. During her time at AIC, Heilman also held numerous operations and compliance leadership positions in both life and securities having served as chief operating officer and chief administration officer.

She earned a bachelor of science in management from Excelsior College, Albany, New York.