HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) has appointed Robert Rupp, 58, executive vice president and chief risk officer, reporting to the company’s Chairman, President and CEO Liam E. McGee. Rupp assumes the role on Nov. 2 from Lizabeth H. Zlatkus, who is retiring on Oct. 31, as previously announced.
"We have made significant progress in creating a stronger enterprise risk management function at The Hartford,” said McGee. “I want to thank Liz for her leadership and for building a talented team that has improved the risk profile of the organization. Over the past two years, we have strengthened the balance sheet and improved the financial foundation of the company.”
“Bob has a broad and deep background in financial services with strong leadership abilities and a proven track record of delivering results. He will be charged with continuing to advance the company’s enterprise risk management practices and expertise, given their fundamental importance to The Hartford. I look forward to Bob joining our team," added McGee.
Rupp joins The Hartford with more than 30 years of financial services experience across a broad range of disciplines, including risk management, investments, strategy, treasury and regulatory compliance. He most recently served as executive vice president and head of Enterprise-wide Market Risk at BNY Mellon. Prior to that, Rupp was managing director of risk management at JP Morgan Chase. Earlier in his career, he oversaw fixed income trading, sales, syndicate and banking groups at Chemical Bank.
Previously, Rupp was a partner at the law firm Kutak Rock and a staff attorney at the U.S. Securities and Exchange Commission in Washington, D.C. He earned a juris doctorate from American University, Washington College of Law and a bachelor’s degree in economics from Fairfield University.
About The Hartford
The Hartford Financial Services Group Inc. (NYSE: HIG) is a leading provider of insurance and wealth management services for millions of consumers and businesses worldwide. The Hartford is consistently recognized for its superior service and as one of the world's most ethical companies. More information on the company and its financial performance is available at www.thehartford.com.
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Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our Quarterly Reports on Form 10-Q, our 2010 Annual Report on Form 10-K and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.