Added Value To Customers Cited
WINSTON-SALEM, N.C., Dec. 13 /PRNewswire-FirstCall/ -- Triad Guaranty
Inc. (Nasdaq: TGIC) announced that its subsidiary, Triad Guaranty Insurance
Corporation, has promoted Vikrant (Vik) Shah to Vice President, Risk
Projects and Development and hired Kent R. Willard as Vice President, Risk
Analysis & Forecasting, effective immediately. Both Shah and Willard will
report to Steve Haferman, Senior Vice President, Risk Management and IS in
carrying out their responsibilities.
Shah will be responsible for leading all strategic projects for Risk
Management and help in developing new tools and processes for risk
assessment. Willard will be responsible for strengthening Triad's risk
management capabilities, enhancing its analytical and forecasting models,
and assessing the credit quality of the structured transaction business.
"Risk management expertise is one of Triad's core competencies," stated
Steve Haferman, Senior Vice President, Risk Management and IS. "As we
continue to grow and seek ways in which we can provide value to our
customers, offering a wider variety of risk management services and
capabilities is a way in which we can distinguish ourselves and assist our
customers."
Shah has been with Triad since 2002, most recently as Assistant Vice
President, Risk Management. Prior to joining Triad, Shah was with
Intellimark where he served as Senior Consultant. Shah has consulted for
Quintiles, Inc., Applied. Benefits Research Inc. and ABR, Information
Services.
Shah holds a MBA from Northeastern University and MA and BA degrees in
Economics from the University of Bombay.
Willard was previously with Fannie Mae, Washington D.C., where he
served as Director, Loan/Portfolio Risk. Willard has held positions with
Washington Mutual, Freddie Mac, and the Resolution Trust Corporation.
Willard holds a BA in Economics from the University of Texas at Dallas.
Triad Guaranty Insurance Corporation, a wholly owned subsidiary of
Triad Guaranty Inc., is a nationwide mortgage insurer providing credit
enhancement solutions to its lender customers and the capital markets. This
allows buyers to achieve homeownership sooner, facilitates the sale of
mortgage loans in the secondary market and protects lenders from credit
default-related expenses. For more information, please visit the company's
web site at http://www.triadguaranty.com.
SOURCE Triad Guaranty Inc.
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Related links:
http://www.triadguaranty.com/
CONTACT:
Jerrold C. Schwartz, Vice President,
Marketing of Triad Guaranty Inc., +1-800-451-4872, ext. 1122, or
jschwartz@tgic.com
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