MassMutual names chief risk officer

MassMutual Financial Group yesterday named Elizabeth A. Ward senior vice president and chief enterprise risk officer, effective immediately. She will handle all elements of strategic risk management and have oversight over those policies and programs across MassMutual’s companies. She will also be the chief risk officer at Babson Capital Management LLC, a MassMutual subsidiary. Ms. Ward, 42, replaces retiring senior vice president John Skar, who was the chief risk officer at MassMutual. She will report to executive vice president and chief financial officer Michael Rollings. Previously, Ms. Ward was a managing director at Babson Capital, responsible for MassMutual’s portfolio consulting group.