Global Atlantic Financial Group, a financial services company, has appointed Peter Cai as chief risk officer. He will report directly to Chief Financial Officer Kim Lee.

Cai has more than 15 years of experience in the financial services industry. Most recently he was managing director for Morgan Stanley, where he led a global team responsible for measuring, stress testing and reporting risk across all business segments.

Cai also worked as a Fixed Income Risk Strategist for Lehman Brothers and was head of consulting for Askari. He is also an adjunct faculty member at Carnegie Mellon University.