Banc of America Securities recruited Christopher Hawke as a principal in its principal financing group, where he will focus on new business development and originations in the consumer ABS sector. A 12-year industry expert, Hawke previously worked for Citigroup Global Markets, where he was in the asset-backed underwriting group. Before that, he was an attorney at Thacher Proffitt & Wood, in their asset-backed finance practice. Hawke reports to Dan Goodwin, managing director of asset-backed securities for Banc of America Securities.
Financial guarantor CIFG promoted Michael Knopf to general counsel, overseeing global structured finance and capital markets. Also, Robert Drillings won a promotion to general counsel, over global infrastructure and public finance. Previously, Knopf was deputy general counsel for MBIA, where he supported its structured finance division. Drillings was senior vice president and general counsel for The New York State Housing Finance Agency and The State of New York Mortgage Agency. In another staff move, CIFG recruited Anjali Bastianpillai as a director, in its London-based European capital markets group, where she will focus on CDOs. Bastianpillai was a director of the European CDO group at Standard & Poor's. She was also an analyst of corporate ABS for New York City-based Capital Markets Assurance Corp.