Ambac Financial Group, Inc. Names David Trick Treasurer
10 Maggio 2006 - 7:47PM
Business Wire
Ambac Financial Group, Inc. (NYSE:ABK) today announced that David
Trick has been promoted to Treasurer. Mr. Trick joined Ambac in
October 2005 from The Bank of New York, where he was a senior
banker in the Global Insurance Division. Reporting to Sean Leonard,
Chief Financial Officer, Mr. Trick replaces Robert Starr who has
transferred to the Secondary Markets group and is responsible for
secondary market financial guaranty execution and certain
investment related initiatives. As Treasurer, Mr. Trick is
primarily responsible for Ambac's capital markets activities,
including conduits sponsored by Ambac, corporate finance, bank
relations, liquidity management, and operations. At The Bank of New
York, Mr. Trick led the financial guaranty and Bermuda insurance
practices for which he had overall responsibility for client
management, product management, and corporate finance. Prior to
that, he was a senior credit analyst within the Global Insurance
and Financial Institutions Risk Management Divisions. Mr. Trick
received a BS in Finance and an MBA in International Finance from
St. John's University and is a holder of the Chartered Financial
Analyst Designation. Ambac Financial Group, Inc., headquartered in
New York City, is a holding company whose affiliates provide
financial guarantees and financial services to clients in both the
public and private sectors around the world. Ambac's principal
operating subsidiary, Ambac Assurance Corporation, a leading
guarantor of public finance and structured finance obligations, has
earned triple-A ratings, the highest ratings available from Moody's
Investors Service, Inc., Standard & Poor's Ratings Services,
Fitch, Inc. and Rating and Investment Information, Inc. Ambac
Financial Group, Inc. common stock is listed on the New York Stock
Exchange (ticker symbol ABK).
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