Life and annuity re/insurance firm Global Atlantic Financial Group has announced the appointment of Edward Wilson as Chief Risk Officer, effective April 1.
Wilson joins Global Atlantic after a 26-year career at Goldman Sachs, where he previously held the position of Global Head of Risk in the Prime Services business.
In his new role, Wilson will oversee, design, and execute a robust risk management framework, setting risk policy and governance, while measuring and monitoring risk exposures for the company.
He will also serve on the Management Committee and chair Global Atlantic’s Risk Committee.
Wilson is to report to Allan Levine, Chairman and CEO of Global Atlantic, who commented: “With the changing nature of risk in our industry, we are excited to have someone of Edward’s caliber join Global Atlantic.”
“Our risk management capabilities are core to our success,” Levine continued. “This competitive advantage will be further strengthened under Edward’s leadership as he brings a deep understanding of the importance of effective risk management. I know he will make an outstanding addition to our executive team.”
While at Goldman Sachs, Wilson also formed and led the Global Liquidity Products group, working with the Corporate Treasury department on firm funding and liquidity risk strategy.
Previous roles included overseeing risk in the Equities Division, and various trading roles in FX, Equity Derivatives and Interest Rate Products businesses.
Additionally, Wilson served as chair of the Clearing House Risk Committee, the Firmwide Asset-Liability Committee, and the Securities Division Risk Committee, and was a member of the Firmwide Finance Committee.
“I look forward to working with Allan and the talented Global Atlantic team during this time of growth for the business, and to developing Global Atlantic’s risk management and strategic capabilities,” Wilson said.