Jackson Financial Inc. has said that it has appointed Christopher A. Raub as chief risk officer, effective immediately. In his new role, Raub will oversee all enterprise risk management, including financial and operational risks. Raub will also provide strategic counsel to the chief executive officer, executive leadership and the board of directors as a member of Jackson's executive committee.

He will report to CEO Laura Prieskorn. Raub replaces Bradley O. Harris, who is leaving the company to pursue other opportunities. Raub, who has been with Jackson for over 23 years, has most recently served as senior managing director and head of insurance assets at PPM America Inc. (PPM), a subsidiary entity of Jackson.

In this role, he was responsible for overseeing the life insurance company's general account. Having held numerous other roles within PPM, he has worked closely with Jackson's asset liability management and actuarial teams. Before joining the company, Raub worked at GE Capital's Merchant Banking group, Heller Financial's Corporate Finance group and Arthur Andersen's Specialty Consulting group.