The Hartford Financial Services Group has tapped a former executive with American Life Insurance Co. as its new chief financial officer.
Christopher J. Swift
The Hartford, Conn.-based company announced the hire of Christopher J. Swift, as both CFO and executive vice president, effective March 1. At ALICO, Swift served as vice chairman and CFO of the global life company, which media reports indicate will soon be sold to MetLife.
The Hartford’s current CFO, Lizabeth Zlatkus, will assume the role as the company’s chief risk officer March 1.
The Hartford’s chairman, president and chief executive officer Liam E. McGee said in a statement that the appointment is “an important step on our path forward,” noting Swift’s leadership roles in “large, complex financial organizations” and experience in both the life and property-casualty markets.
“In addition to his strategic financial role at ALICO, Chris had a broad range of functional responsibilities, including capital management, and was instrumental in the company’s repositioning,” McGee said in a statement. “He will be an excellent addition to our leadership team.”
Swift, 49, began his career as an auditor in the Chicago office of KPMG focusing on financial services, rising through the ranks to become partner by age 32.
He has also served executive roles with Conning Asset Management, a subsidiary of General American, returning to KPMG in 1999 when MetLife acquired Conning, eventually becoming head of global insurance industry practice for both the life and property-casualty markets.
At ALICO, which operated in 54 countries as an operating company of American International Group, Swift oversaw the unit’s global financial operations.
He said he is “honored and thrilled” to join The Hartford, which he called an “iconic American company with a long and proud history, a powerful brand, strong franchise and great people.”
The Hartford names former AIG life executive to CFO post via IFAwebnews.com .
No related posts.