Scott N. Smith has joined American Electric Power (AEP) as vice president and chief risk officer. He will be responsible for enterprise-wide risk management, including oversight of commodity, operational, credit, interest rate and currency risk across all business units and functional areas. Smith, 37, previously was vice president of risk management for Global Consumer Bank, a division of Citigroup.

Calgary-based Alternative Fuel Systems Inc. (AFS) announced on Thursday that Gerry Klopp has resigned as a director of the company. Klopp founded the company in 1981 and was the CEO of AFS from inception until 1999.

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