WEST CHESTER, Pa., Sept. 4, 2018 /PRNewswire/ — Venerable Holdings, Inc. (“Venerable”) today announced the appointment of Charles Schwartz as Chief Risk Officer. In this role, Schwartz will report to David Marcinek, Chairman and Senior Managing Director, Venerable Holdings, Inc., and have responsibility for the measurement, management and reporting of risk across the company, with a particular focus on the variable annuity derivatives hedge program. He will be based in New York, NY.
Over the last 20 years, Schwartz gained experience through significant leadership roles in derivatives and insurance risk management, most recently at AXA as the Head of Derivatives. At AXA, Schwartz was responsible for the company’s $90b-notional derivatives and…