Genworth appoints Ellie Comerford as CEO

chief-executive/chairman/

6 October 2010
| By Chris Kennedy |

Genworth Financial has announced that Ellie Comerford will join Genworth Australia as president and chief executive of the Australian and New Zealand business, and will also become an officer of global parent Genworth Financial.

Current Australian acting chief executive Paul Caputo will take on an expanded role as chief risk officer and senior vice president, capital markets, when Comerford assumes the role in mid-December. Caputo was also appointed as an officer to Genworth Financial, the company announced.

Comerford joins Genworth from global insurer, First American Financial Corporation where she was chief operating officer for the international division, and was managing director for the insurer’s Australian and New Zealand operations for six years prior to that.

“Ellie brings tremendous experience across a range of areas including insurance risk, lending and mortgage origination activities, client relationship management, structured finance and capital markets,” said Michael D. Frazier, chairman and chief executive of the parent company.

“Her expertise will prove invaluable as we continue to build and strengthen our customer partnerships and position Genworth for future growth.”

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