Hartford, Conn. — The Hartford Financial Services Group Inc. recently announced that Robert Paiano has been named SVP and enterprise chief risk officer. Paiano will report to Lizabeth Zlatkus, the company's executive VP and CFO.

"We are operating in an unprecedented environment today, where effective risk management is crucial," says Zlatkus. "Robert has the broad industry experience, risk management background and leadership necessary to fortify our risk management capabilities, particularly in these rapidly changing times."

As enterprise chief risk officer, Paiano will be responsible for enterprisewide risk management strategy and execution across the company, including the company's life, property/casualty and investment operations.

Paiano joined The Hartford in 1996 as SVP of corporate finance. He has held positions of significant responsibility in capital management, corporate banking, treasury operations and investment management. He most recently served as chief risk officer of the property/casualty operations, and oversaw catastrophe risk management and reinsurance, where he led the development of the company's first catastrophe bond program.

Prior to joining The Hartford, Paiano held positions at American Express Co., Citicorp Inc., First Interstate Bancorp and ITT Residential Capital Corp.

Source: The Hartford Financial Services Group Inc.

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