Ambac Financial Group, Inc. Announces Promotion of Douglas Renfield-Miller
25 Luglio 2006 - 10:34PM
Business Wire
Ambac Financial Group, Inc. (NYSE:ABK) today announced the
promotion of Douglas Renfield-Miller to Executive Vice President.
Mr. Renfield-Miller has served as Chairman and CEO of Ambac
Assurance UK Limited since April 2005 and leads Ambac's European
and Asia-Pacific operations out of Ambac's London office. Prior to
April 2005, Mr. Renfield-Miller headed up domestic commercial
asset-backed securities, structured credit and capital markets as
well as having responsibility for emerging markets and the
Asia-Pacific operations. Prior to joining Ambac in April 2000, Mr.
Renfield-Miller was a Managing Director at UBS where he held
various positions including Head of Structured Finance in the
Americas and Global Head of Asset-Backed Conduits. Commenting on
the promotion, Robert J. Genader, Chairman and Chief Executive
Officer, said "Since joining Ambac Doug has demonstrated strong
leadership and vision and has been an integral part of our
continuing growth and evolution. He has a broad array of experience
in structured products, both domestic and international,
representative of the franchise he has helped build over the past
several years." 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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