TIAA, a leading financial services provider, said Monday that David Nason has joined the company as executive vice president and chief risk and compliance officer, a newly created position.
Nason, who started on Sept. 16, will report to John Douglas, senior executive vice president and chief oversight and advocacy officer.
Roger Ferguson, Jr., president and CEO of TIAA, said in statement that Nason “joins our strong Oversight and Advocacy team, ready to continue our path forward in implementing effective risk mitigation and compliance strategies. David is an excellent addition to TIAA’s senior leadership team.”
Douglas added that Nason’s “extensive leadership experience in financial services organizations will serve TIAA well in today’s rapidly changing and complex regulatory landscape. As our businesses become more integrated, it is important that our oversight and control functions are closely aligned. This alignment will assist our businesses and lead to better outcomes for our customers.”
Prior to joining TIAA, Nason served as the president and CEO of GE Energy Financial Services, GE’s worldwide energy investing business, with an asset base of $15 billion.