CNA Appoints New VP, Corporate Development

Chicago-based CNA Financial Corp. has appointed Derek Smith as vice president of corporate development, in charge of investor relations, rating agency management, capital management, and mergers and acquisitions.

Smith comes to CNA from Macquarie Capital Inc., where he served as vice president in the investment banking division advising clients in the property and casualty, life and health, insurance brokerage and insurance services sectors. Prior to Macquarie, he worked for General Electric Co. as an associate in its corporate audit staff and analyst in its financial management program.

Source: CNA Financial Corp.