CLS Group has appointed Naresh Nagia as its executive vice president and chief risk officer. Effective from May 4, 2011, he will be a member of the senior management team and report to CEO, Alan Bozian.

Nagia is joining the firm from Genworth Financial, where he was chief risk officer of investment with risk oversight for an investment portfolio. Prior to this, he was also associated with Citibank.

Click here for the release from CLS Group.