CIFG Holdings Ltd., parent of the financial guarantor CIFG Assurance NA, Friday named David Rockwell to the position of chief risk officer, with responsibility for the company's risk management activities and surveillance functions.

Rockwell replaces Chuck Webster, who is no longer with the firm. Rockwell has been with CIFG since November, and has served in a number of senior risk management positions over the last 15 years. Before joining the company, Rockwell had served as head of structured finance risk at Radian Asset Assurance and as the chief credit officer for AIG Risk Finance.

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