Aflac, a US-based insurance company, has appointed William Wright as the new senior vice president of investment strategy and risk management. He will be reporting to Kriss Cloninger, president and CFO of the company.

Mr Wright has worked with Aflac on a consulting basis since January 2010. Previously he served as executive vice president and CIO of Fixed Income-Insurance at GE Asset Management; VP/portfolio manager of International Fixed Income for GE Investments; MD and CIO of GE Edison Life Insurance Company in Tokyo; and MD of GE Asset Management’s subsidiary in London.

In addition, Mr Wright has also served as SVP and CIO for Genworth Financial and in various leadership positions with Continental Asset Management, Bankers Trust Global Private Bank, Bankers Trust Investment Management Group, and Coopers & Lybrand.

Mr Cloninger said: “Bill’s expertise adds additional strength and perspective to Aflac’s investment team. His global experience with portfolio management, particularly in Japan, combined with his experience with credit analysis, risk management, investment consulting, private banking, and pension funds, will complement and strengthen Aflac’s successful portfolio management strategy.”