The Hartford Financial Services has appointed Christopher Swift as executive vice president and chief financial officer. The company has also appointed Lizabeth Zlatkus, current CFO, as chief risk officer, both will report to Liam McGee, chairman, president and CEO.

Mr Swift joins the company from American Life Insurance Company (ALICO), an operating company of AIG, where he served as vice chairman and CFO, responsible for financial strategy and reporting, capital management, investments, risk management, treasury, product development and rating agency relationships, among others. He also served as CFO of global life insurance and retirement services of AIG, CFO of AIG American General Life Companies and head of annuity operations.

Previously, Mr Swift served as an auditor in Chicago office of KPMG. He rose through ranks at the firm to became executive vice president of Conning Asset Management, a subsidiary of General American.

Mr McGee, said: “He has held significant leadership roles in large, complex financial organizations and has a background that covers both the life and P&C industries. In addition to his strategic financial role at ALICO, Chris had a broad range of functional responsibilities, including capital management, and was instrumental in the company’s repositioning. He will be an excellent addition to our leadership team.”