$11.1 billion Genworth Financial has appointed Michel Perreault as its new chief risk officer. In this role, Perreault will be responsible for enterprise-wide risk management, as well as risk oversight for the Retirement and Protection business unit. He will oversee a global risk organization of more than 150 employees and will report directly to Genworth Chief Executive Officer Michael Fraizer.
Perreault comes to Genworth from ING Group, where since 2007 he served as its senior vice president, chief actuary, and chief insurance risk officer of the company’s U.S. retail annuity business.
