CNA’s CFO slot has a new person in the role.
The Chicago-based property/casualty insurer said it appointed Al Miralles as executive vice president and chief financial officer. He replaces James Anderson, who announced his resignation from CNA to pursue other opportunities.
Miralles is a CNA veteran going back to 2011, when he joined as its senior vice president, treasurer and head of Investments. In this role, he helped develop the successful asset allocation and portfolio risk management approach CNA still employs today, the company said. The executive became president of CNA’s Long-Term Care business in 2014 and in early 2018 was appointed to the role of executive vice president and chief risk officer of CNA. In this role, he institutionalized the enterprise risk management function across the business units.
Before joining CNA, Miralles was the chief financial officer for the Investments Division of Nationwide Insurance, where he led the finance, operations and strategy functions, and had financial oversight for $65 billion of assets under management.
Dino Robusto, CNA’s chairman and CEO, credited Miralles with being a “tremendous asset to CNA across various leadership roles” and said his investment and financial expertise make him capable and qualified for his new job.