NU Online News Service, March 23, 11:35 a.m. EDT
CIFG Holding Inc. in New York announced that David A. Buzen will become company president in addition to his current position as chief operating officer and chief financial officer.
Mr. Buzen will continue to report to Chief Executive Officer Lawrence P. English who said Mr. Buzen was "instrumental in the implementation of CIFG's remediation and reorganization plan which has restored the company's solvency.
He added that Mr. Buzen will "work closely with me and the Board of Directors to further strengthen our balance sheet."
Before joining CIFG last summer, Mr. Buzen was CFO at Churchill Financial Holdings LLC., a leading middle market commercial finance and CLO asset manager.
CIFG Holding Inc. is the holding company for the CIFG group of financial guaranty insurance and reinsurance companies with offices in New York and Paris, France. The CIFG Group is actively managing the runoff of a $45 billion portfolio of insured structured finance, municipal and infrastructure risks.
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