Massachusetts Mutual Life Insurance Co. has elected Greg Deavens, senior vice president, as its new corporate controller.

Deavens now leads MassMutual’s financial reporting, accounting policy and financial systems functions. He reports to Michael Rollings, the firm’s chief financial officer.

Deavens joined MassMutual in 2006 as senior vice president to lead the company’s U.S. insurance group finance division.

Norm Smith, senior vice president, now heads MassMutual’s U.S. insurance group finance division. He reports to Michael Fanning, executive vice president. Smith is responsible for the financial management activities for the company’s insurance business, including financial planning and analysis, competitive analysis, expense management and oversight for key elements of the internal control environment. Smith joined MassMutual in 2000.

"With the depth and breadth of their combined experience, along with their unwavering commitment to financial integrity, we’re confident that Deavens and Smith will be valuable leadership additions to their respective new teams as we remain intensely focused on maximizing the value we provide our policyholders and customers," Fanning said. "These talented business leaders have tirelessly demonstrated a deep commitment to the operating priorities demanded by these critical positions."