Genworth Names New Chief Risk Officer

In Virginia, ""Genworth Financial, Inc."":https://www.genworth.com/, announced the hiring of Lori M. Evangel as EVP and chief risk officer.

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Evangel joins Genworth from Aflac, where she served as managing director and chief risk officer for Global Developments, positions that saw her working to develop the company's investment division risk management function. Prior to that, she was SVP and enterprise risk officer for MetLife.

""Managing risk is one of our core capabilities as an insurer, to enable us to meet our policyholder obligations while building value for our shareholders,"" said Genworth president and CEO Tom McInerney. ""Lori's extensive experience with creating, implementing, and leading global risk management systems will be integral to our broader, more comprehensive view of risk management across the enterprise to support the continued progress of Genworth.""

Michel Perreault, the company's former chief risk officer, will remain on as chief risk officer of the US Life Insurance Division, Genworth announced.