FBL Financial Group Inc. announced that Charles Happel, chief investment officer, will retire around midyear. Happel has been with FBL for 36 years, including the last 11 years as chief investment officer. He joined the company in 1984 as a Farm Bureau Financial Services agent, moving to the corporate office in 1986. Over the next 15 years, he held various positions in investments, including securities analyst and portfolio manager. Happel became securities vice president in 2001 and vice president for investments in 2008 before being named to his current position in 2009. An internal and external search for Happel’s replacement will begin and a new chief investment officer will be named at a later date, the company said.