Insurance company Aflac  has appointed Lori Evangel to the newly-created position of managing director and chief risk officer in the global investment division.

In her new position, she is responsible for leading Aflac global investments' risk management function, including both assets and liabilities for the global investment portfolio. She will also build a risk management function to meet the goals of risk mitigation and risk-taking through market cycles.

With more than 25 years of experience in the financial services sector, Evangel most recently served as senior vice president and enterprise risk officer at MetLife, responsible for developing and leading the global enterprise risk management unit.

Prior to MetLife, Evangel served in various positions at MBIA Insurance Corporation, including managing director; head of the portfolio management and market risk group; and managing director of MBIA's financial solutions group.