A trade group that represents credit investors is looking for a new executive director. The International Association of Credit Portfolio Managers, based in New York, plans to hire a replacement for Michael Robinson, the former executive director, who left the trade group at the end of the year. He had been in the role roughly since March of 2002 and told members at the IACPM's annual meeting in November he would be leaving the role, said Gene Guill, chairman of the group and a managing director at Deutsche Bank. Robinson declined comment.
In the interim, the executive director spot is being manned by Loretta Hennessey, chairwoman emeritus. She took over the role earlier this month and referred all questions to Guill.
The IACPM was founded in 2001 and is dedicated to the advancement of credit portfolio management, according to its Web site.