Pleasantville exec takes helm at CIFG
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- December
- 21
Pleasantville-resident John Pizzarelli has been named chief executive at CIFG Holding Ltd., a Bermuda-based bond insurer, it said today.
The appointment was announced in connection with the completion of a $1.4 billion buyout of CIFG by two Paris-based bankers, Banque Populaire Group and Caisse d’Epargne Group.
Pizzarelli assumes his leadership duties as the company is evaluating its long-term strategic plan, CIFG said.
CIFG established its headquarters in Bermuda earlier this year.
Jacques R. Rolfo, who had served as CIFG’s chief executive, is no longer with the company, CIFG said.
Pizzarelli spent more than 20 years at Armonk-based MBIA Inc. as head of global infrastructure before moving to CIFG last spring, a spokesman said.
This entry was posted
on Friday, December 21st, 2007 at 3:28 pm by David Schepp.
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