The Hartford, a financial services company, has named Robert Paiano chief risk officer to lead the company’s enterprise risk management operations, effective July 1. He will report to The Hartford’s Chairman and CEO Christopher Swift.

Paiano succeeds current Chief Risk Officer Robert Rupp, who is retiring. Rupp will remain a risk-management advisor to Swift through Dec. 31.

Paiano has served as corporate treasurer since 2010, a role in which he oversees capital and liquidity management, corporate banking, and treasury operations. He joined The Hartford in 1996 as senior vice president of corporate finance.

He has held positions in enterprise risk management, capital management, corporate banking, investment management and reinsurance. Prior to joining The Hartford, Paiano held positions at American Express, Citicorp, First Interstate Bancorp, and ITT Residential Capital Corporation.