William Van Harlow was named director, investment retirement solutions, at Putnam Investments.
The position is new.
Mr. Harlow will focus on developing new products and services aimed at limiting investment risk, according to spokeswoman Laura McNamara.
He will report directly to Jeffrey L. Knight, managing director and head of global asset allocation, but will also work closely with Jeffrey R. Carney, senior managing director and head of marketing, products and retirement, and a number of other teams within the company.
Mr. Harlow has been a full-time consultant at Putnam for the past year or so, Ms. McNamara said.
Before coming to Putnam, Mr. Harlow worked for 17 years at Fidelity Investments through 2008, most recently as a managing director, strategic new business development.