CLS names first chief risk officer

Naresh Nagia, previously chief risk officer for investments at Genworth Financial, has joined CLS Group in London as chief risk officer, a newly created position. He will report to the chief executive, Alan Bozian. He will take over the risk management function from the current executive vice-president in charge of risk management, Carol Simon, who joined in April last year. Simon will leave after the handover to Nagia is complete - no date has yet been set.

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