$65 billion Zurich Financial Services, based in Switzerland, has appointed Carol Siegfried to the newly created position of chief risk officer, North America, effective Oct. 1. Siegfried, who will be based in New York, becomes responsible for ensuring consistency and standardization of methods, processes, and tools throughout the whole North America region. She will report […]
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.
Posted inBoards & Shareholders
Lead Directors Vital to Crisis Management
Fueled by a weak economy, a strong regulatory regime, and a litigious-hungry culture, lead directors today must wear more hats than ever before. But never are their skills so put to the test as they are during a crisis management situation. “It’s a challenging, economic environment right now, and that’s put a lot of stress […]
Posted inEthics & Culture
A Moral Compass to Guide Today’s Innovators
From the printing press to the atomic bomb and stem cell research, innovation throughout the centuries has rarely developed without a great deal of social upheaval coming along. In years past, however, ethical dilemmas around new innovations wouldn’t arise until months or years after the invention was released into the market. Today, thanks to the […]
Posted inFrom the Archive
Former SEC Commissioner Joins Davis Polk
Former Securities and Exchange Commissioner Annette Nazareth has joined the law firm Davis Polk & Wardwell as a partner in its Washington, D.C. office. As previously reported by Compliance Week, Nazareth announced in October 2007 her intention to retire from the SEC to return to the private sector. In her new role, Nazareth will practice […]
Posted inFrom the Archive
Chief Risk Officer Appointed at Wachovia
$56.6 billion Wachovia Corp. has named Kenneth Phelan as chief risk officer, effective in October. With more than 20 years of experience in the financial-services industry, Phelan most recently served as head of risk management services at J.P. Morgan Chase & Co. In his new role, Phelan will have responsibility for credit risk management, market […]
Posted inFrom the Archive
Synovus Names First Chief Risk Officer
$2.6 billion Synovus has promoted Mark Holladay to the new position of chief risk officer. Holladay, who has served thirty-four years with the Columbus, Ga.-based financial services company, was most recently chief credit officer, a role he was promoted to in 2000.
Posted inFrom the Archive
BAE Appoints First-Ever India Chief Counsel
$24.1 billion defense and aerospace giant BAE Systems has appointed Mike Elston as its first-ever chief counsel for India, effective Nov. 1. Elston will leave his current position as chief counsel of BAE’s land systems division.
Posted inFrom the Archive
Director of SEC’s New York Regional Office to Leave
The Securities and Exchange Commission has announced that Mark Schonfeld will be leaving the agency at the end of September in order to return to private practice at Gibson Dunn & Crutcher LLP. Schonfeld, the director of the SEC’s New York regional office, will join the firm’s New York office as a partner, where he […]
Posted inFrom the Archive
Who’s Coming and Going in the GRC World
Compliance Week regularly tracks various personnel moves, board appointments, product releases, customer wins, and industry gossip in the corporate governance realm. Submit announcements to Compliance Week’s Jaclyn Jaeger. Accounting Officers, Controllers $14.1 billion Chubb Corp. has announced the retirement of Henry Schram as chief accounting officer. John Kennedy, who serves as deputy manager of Chubb’s […]
Posted inFrom the Archive
Chief Enterprise Risk Officer Named at XL Capital
XL Capital Ltd., a $9.1 billion provider of insurance and reinsurance coverage, recently appointed Jacob Rosengarten its new executive vice president and chief enterprise risk officer of the XL group of companies. During his 30-year career, Rosengarten has held several leadership roles in risk management, including managing director of risk management and analytics for Goldman […]
