StanCorp Financial Group has appointed Floyd Chadee as the new senior vice president and CFO of the group and its subsidiary Standard Insurance Company, effective April 7, 2008.

Mr Chadee will serve on the company’s management committee and he will be responsible for corporate finance, corporate actuarial, risk management, treasury, and investor relations functions.

Mr Chadee was most recently senior vice president and CFO at Assurant Employee Benefits. He is a graduate from Stanford University with a PhD in operations research.

Eric Parsons, chairman, president and CEO of StanCorp Financial, said: Floyd brings strong experience and has deep knowledge in our key product areas. His leadership experience and financial background fits well within StanCorp.