$19 billion Australia and New Zealand Banking Group (ANZ) has appointed Nigel Denby has chief risk officer for Asia Pacific, effective Nov. 3. Most recently, Denby was the regional head for risk management and credit for Nomura Asia. Prior to that, he spent several years with HSBC, where he held a series of senior roles […]
Jaclyn Jaeger
Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal, enforcement, technology, and more. Prior to joining CW, she spent four years as a legal reporter for Lawyer’s Weekly. Jaclyn attended undergraduate school at St. Joseph’s College of Maine and graduate school at Emerson College, earning degrees in journalism.
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Aon Creates New Chief Risk Officer Post
$7.4 billion Aon Ltd. has appointed Pauline Colvin to the newly created post of chief risk officer. Previously, Colvin served in several capacities at various companies, including chief risk officer for Skandia Group, group risk director at Royal & SunAlliance Insurance Group P.L.C., and director of risk, compliance, and internal audit at Pearl Assurance P.L.C.
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New Mavericks at Office of Financial Stability
As part of the U.S. Treasury Department’s effort to get a bruised and beaten economy back on its feet, the new Office of Financial Stability has named Jonathan Fiechter as interim chief risk officer. Fiechter is deputy director of the IMF Monetary and Capital Markets Department in charge of financial supervision and crisis management and […]
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Constellation Energy Makes Management Changes
$21.2 billion Constellation Energy Group has appointed Charles Berardesco as its new general counsel. He will replace Irving Yoskowitz, who is retiring. Berardesco previously served as vice president, deputy general counsel, chief compliance officer, and corporate secretary for Constellation. In other news, the company has appointed Jonathan Thayer as chief financial officer, replacing John Collins, […]
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EADS Hires Its First Compliance Officer
EADS, the $52 billion European aerospace group has appointed Pedro Montoya as chief compliance officer of its newly established compliance organization. In this new role, Montoya will be responsible for structuring and implementing a re-designed EADS ethics and compliance program. He will report to EADS CEO Louis Gallois and have direct access to the EADS […]
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Kraft President Joins Best Buy’s Board
$40 billion Best Buy Co., has appointed Sanjay Khosla to its board of directors. He will not be assigned to any committees until the company’s next board of directors’ meeting in January 2009. Khosla is executive vice president and president of Kraft International Commercial. He joined the $16 billion food and beverage company in January […]
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Key Legislative Leader Joins NRG Energy’s Board
$6 billion NRG Energy has elected Kathleen McGinty to its board of directors. McGinty will serve on the governance and nominating committee. From 2003 until this past July, she was the former Secretary of the Pennsylvania Department of Environmental Protection, where she oversaw all environmental policy, regulatory, and enforcement activities and also spearheaded key legislative […]
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New Board Member Joins Coca Cola Co.
The Coca Cola Company has elected Maria Elena Lagomasino to its board of directors. She also will serve on corporate governance and compensation committees. She previously served as a director of the Atlanta-based company from 2003 to 2006. Lagomasino is CEO of wealth management firm GenSpring Family Offices. From 2001 to 2005, she also served […]
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Hartford Financial Taps New Chief Risk Officer
$26 billion Hartford Financial Services Group has named Robert Paiano as senior vice president and enterprise chief risk officer. In his new role, Paiano will be responsible for enterprise-wide risk management strategy and execution across the company, including the company’s life, property and casualty and investment operations. He will report to Executive Vice President and […]
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New Board Member Joins XBRL US
XBRL US, the non-profit consortium for XML business reporting standards in the U.S. marketplace, has elected Donald Donahue, Chairman and CEO of The Depository Trust & Clearing Corporation (DTCC), to its board of directors. DTCC is also becoming a member of the XBRL US consortium. Donahue is a 20-year veteran of DTCC and The Depository […]