FGIC Corp. just announced that Wilfred Romero has joined FGIC as managing director, structured finance effective Jan. 8. Romero will focus on the insurance securitization and financial solutions sectors.
Before FGIC, Romero was a consultant with Wachovia Securities where he originated and structured different types of insurance asset securitizations. Before this, Romero was a senior vice president at Benfield Inc. As head of its U.S. life practice, he led Benfield's efforts to provide innovative reinsurance, subordinated debt and securitization products to US life insurance companies. Romero's career in structured finance includes a 10-year position with Swiss Re Financial Services as an advisor on new product development. He started his career with the New York Life Insurance Co. where he was associate general counsel.