Nagia Lands Top Risk Role at CLS Group

Naresh Nagia, CLS's new chief risk officer

CLS Group, founded in 1997 as a global settlement system in the foreign exchange market with the view to eliminating settlement risk, has appointed Naresh Nagia executive vice president and chief risk officer (CRO). Nagia will be a member of the senior management team and will report to CEO Alan Bozian. The appointment was effective on May 4.

Nagia has extensive risk management experience across a number of asset classes: most recently, he was CRO of investments at Genworth Financial with risk

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