John Hancock Financial, a subsidiary of $27 billion Manulife Financial Corporation, has appointed Craig Raymond as the chief risk officer and chief actuary. He will report to Jim Boyle, president of John Hancock Financial.

In this newly created role, Raymond will be supervising all risks including strategic, insurance, market and liquidity, credit, and operational risks. In addition, he will serve as a member of the U.S. Operations Management group, and also will serve on Manulife’s global asset liability, global finance, and product oversight committees.

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,...