The Hartford Financial Services Group announced Thursday, July 22, the selection of George Eknaian as chief actuary for the firm's Wealth Management businesses.
Eknaian, most recently head of Enterprise Risk Management for The Hartford's global variable annuity business, will lead the risk and asset-liability management functions and drive the development of actuarial capabilities in support of the Wealth Management businesses, according to a news release.
He will report to Wealth Management President Dave Levenson and The Hartford Chief Financial Officer Chris Swift. The Hartford, based in Simsbury, Connecticut, had $3.8 billion of assets under management as of December 31, 2009. The firm plans to announce second-quarter 2010 earnings on August 5.
"I am excited to have someone with George's expertise and experience in this very important position," said Levenson in the release. "George understands risk management extremely well and will be a great resource to our business leaders as we look for opportunities to prudently grow Wealth Management in the coming years."