Financial Guaranty Insurance Company has hired Alessandra D'Imperio, managing director in credit risk management at Ambac Financial Group, as managing director and chief credit officer. She started last week and reports directly to Howard Pfeffer, president. Pfeffer did not return calls by press time.
D'Imperio is FGIC's second recent new hire in risk management, both for new roles. Donna Troia started at the monoline in March as managing director, also joining from Ambac where she was first v.p. in the portfolio risk management group. D'Imperio's focus is on new business, whereas Troia is responsible for surveillance of FGIC's insured book.
At Ambac, D'Imperio reported to Bill McKinnon, senior managing director and head of credit risk management. She has been replaced internally by Peter Cain, previously managing director in the surveillance group, according to Peter Poillon, spokesman.