Ambac loses Posch to Deutsche

After only six months at Ambac, Brigitte Posch has hopped over to Deutsche Bank, according to sources at the bank. As a director, she is heading Latin American securitizations, reporting to Richard D'Albert, global head of the securitized products group, and Sean Bates, head of emerging markets credit trading. There has been no word yet on her specific focus in the region in terms of asset classes, countries or cross-border versus domestic business. Prior to Ambac Posch spent eight years at Moody's Investors Service, where she was instrumental in expanding coverage into the domestic markets of Mexico and Brazil.