Asset management firm Waddell & Reed Financial has appointed Elizabeth Hansen as senior vice president and chief compliance officer of distribution subsidiaries Waddell & Reed and Ivy Distributors. She will report to Waddell & Reed Financial Executive Vice President and General Counsel Wendy Hills.

Hansen, who comes to Waddell & Reed from Ameriprise Financial Services, fills the role previously held by Shawn Mihal, who was promoted to president of Waddell & Reed, the firm’s independent broker-dealer, in November.

Hansen, who has 26 years of industry experience, will oversee compliance process and procedures for Waddell & Reed, as well as Ivy Distributors’s sales activities. She will be involved at a senior level in compliance surveillance and the interpretation and application of regulatory statutes and rules on a federal and state level. She also will provide recommendations regarding the design and implementation of compliance and risk management programs.

Hansen most recently was with Ameriprise Financial, where she spent 18 years. She served for nearly seven years as vice president and chief compliance officer for American Enterprise Investment Services (the clearing broker-dealer for Ameriprise) before being appointed vice president and chief compliance officer for Ameriprise Financial Services, where she was charged with overall responsibility for the compliance program of the broker-dealer and investment adviser.