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Glasgow Caledonian University in Glasgow, Scotland, opened the Centre for Risk & Governance last week to study corporate governance and risk management issues and to provide advice and consulting services. GCU funded the new research center with a grant of £500,000 ($894,900). The center brings together 16 academicians in disciplines relevant to corporate governance....ACE Ltd. division ACE Overseas General has named Neil C. Smith as president of its ACE Far East unit, based in Japan. Beginning in November, Mr. Smith will succeed Scott Pickering, who will become country manager of ACE New Zealand. Mr. Smith, currently senior vp of ACE European Group, and Mr. Pickering both joined the Bermuda-based global insurer following its 1999 acquisition of CIGNA Corp.'s property/casualty operations.