NEW YORK--(BUSINESS WIRE)--Global Atlantic Financial Group, a leading U.S.-focused retirement, life insurance and reinsurance company, is pleased to announce that Edward Wilson has joined the company as Chief Risk Officer effective April 1st. Wilson, who joins Global Atlantic after a 26 year career at Goldman Sachs, will also serve on the Management Committee and chair the company’s Risk Committee.
Reporting directly to the Chairman and Chief Executive Officer, Allan Levine, Wilson will lead the firm-wide risk management committee, oversee, design, and execute a robust risk management framework, setting risk policy and governance, while measuring and monitoring risk exposures for the company.
"With the changing nature of risk in our industry, we are excited to have someone of Edward’s caliber join Global Atlantic,” said Allan Levine, Chairman and CEO, Global Atlantic. “Our risk management capabilities are core to our success. 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.”
Previously, Wilson was the global head of Risk in Goldman Sachs’ Prime Services business. Prior to that, he formed and led the Global Liquidity Products group, working with GS’s 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. Wilson also 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,” said Edward Wilson.
About Global Atlantic Financial Group Limited
Global Atlantic Financial Group Limited, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies.
Global Atlantic was founded at Goldman Sachs in 2004 and separated as an independent company in 2013. Its success is driven by a unique heritage that combines deep product and distribution knowledge with insightful investment and risk management capabilities, alongside a strong financial foundation of over $75 billion in assets as of September 30, 2018.
Global Atlantic Financial Group (Global Atlantic) is the marketing name for Global Atlantic Financial Group Limited and its subsidiaries, including Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, Forethought Life Insurance Company and Global Atlantic Re Limited. Each subsidiary is responsible for its own financial and contractual obligations.
|This material is intended to provide educational information and is intended for use with the general public. It should not be considered, and does not constitute, personalized investment advice. The issuing insurance company is not an investment adviser nor registered as such with the SEC or any state securities regulatory authority. It’s not acting in any fiduciary capacity with respect to any contract and/or investment.|
Variable annuities are sold by prospectus. The prospectus contains investment objectives, risks, fees, charges, expenses, and other information regarding the variable annuity contract and the underlying investments, which should be considered carefully before investing. You can obtain a prospectus from your financial advisor or by visiting www.globalatlantic.com. Please read the prospectus carefully before you invest or send money.
Annuities are issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana. Variable annuities are underwritten and distributed by Global Atlantic Distributors, LLC.