Milwaukee-based Northwestern Mutual announced that Mike Carter has been named chief of staff for the office of chief executive officer John Schlifske and Todd Jones has been named executive vice president and chief financial officer, effective Jan. 1.

Carter previously served as CFO and chief risk officer for the company, leading its financial operations for 14 years. He will now serve as chair of the company’s senior leadership team.

Jones previously served as vice president and controller. He will lead the finance and risk function of the company and will assume responsibilities for the company’s financial management and planning, budgeting, actuarial, investment risk and operations, enterprise risk management and resiliency and the corporate audit and anti-fraud teams. Jones joined Northwestern Mutual in 2003 and served in leadership roles within the finance and risk teams prior to his current role.

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