Aflac Incorporated announced today that Chak Raghunathan has been named managing director and global chief investment risk officer, reporting to J. Todd Daniels, global chief risk officer. Raghunathan will be responsible for identifying and assessing investment risks in an evolving regulatory environment while developing strategies to address those risks. He will assume management of the existing investment risk team and will be based in the Aflac Global Investments office in New York.

Prior to joining Aflac, Raghunathan was global head of risk management and chief risk officer at Apollo Management, where he was responsible for implementing Apollo's enterprisewide risk management framework, formulating detailed risk policies and internal guidelines for funds, and providing optimal risk management solutions. Prior to his role at Apollo Management, Raghunathan held positions of increasing responsibility at TD Bank Financial Group, most recently serving as senior vice president; global head of trading risk and quantitative analytics. He also held positions at the Office of the Superintendent of Financial Institutions Canada in the Capital Markets Division and Caisse de depot et placement du Quebec in the Tactical Investments Group. Raghunathan earned his bachelor of science degree in Pure Mathematics from the University of Madras and his master's degree in Applied Mathematics at Concordia University.

Commenting on Raghunathan's appointment, Daniels said, "We believe Chak's expertise in sound risk management principles and practices, coupled with his leadership experience and quantitative background, will be tremendously beneficial as Aflac continually strives to better our asset liability risk management. I look forward to Chak's contributions and believe he will be instrumental to the future success of Aflac's Global Risk Management function."