Springfield’s MassMutual has promoted Elizabeth A. Ward, who serves as the company’s chief enterprise risk officer, to executive vice president.
Ward has served in her current role at MassMutual since November 2007 and previously held the title of senior vice president. As chief enterprise risk officer, she is responsible for MassMutual’s enterprise risk management functions across the company including its asset management subsidiaries. She is a member of MassMutual’s executive leadership team.
"Over the past two years, against a backdrop of economic volatility, the need for more sophisticated and comprehensive enterprise risk management has become more critical than ever to our financial strength, growth and commitment to our policyholders," said Roger W. Crandall, chairman, president and CEO of MassMutual. "Betsy has done an outstanding job in meeting these increased demands by continuing to raise the bar in successfully identifying, measuring, monitoring and coordinating risk management policies and programs across the enterprise, which ultimately benefits our policyholders."
Ward has more than 20 years of experience in insurance company investment portfolio management and strategy. She first joined Babson Capital Management LLC, a MassMutual subsidiary, in 2001, and prior to that she held a broad range of insurance and investment management positions at a number of companies, including American Skandia, Aeltus Investment Management and Aetna Life & Casualty.
