Source: CLS Group
CLS Group today announced that Naresh Nagia has been appointed as Executive Vice President and Chief Risk Officer. Naresh will be a member of the senior management team and report to CEO Alan Bozian. The appointment is effective 4 May 2011.
Commenting on the news of his appointment, CEO Alan Bozian said, "I am pleased that Naresh will join our team. His in-depth understanding of developing risk plans in addition to his international experience and leadership in the capital markets will further strengthen the expertise of our risk organisation."
Naresh Nagia joins CLS with a wealth of risk management experience across a wide range of asset classes. Most recently, he was Chief Risk Officer of Investments at Genworth Financial with risk oversight for an investment portfolio.
Prior to that, he spent 25 years at Citibank in a variety of senior positions in the US and internationally. The roles included Managing Director and Senior Risk Manager across multiple products. He began his career with Citibank as an FX and FX options trader.