Press Release
Genworth Financial Names James Rember General Counsel for Europe
London (28 January 2008) – Genworth Financial today announced the appointment of James Rember as General Counsel for Europe following an internal promotion.
In his new, expanded role James will lead the legal teams for Genworth’s Mortgage Insurance and Payment Protection insurance businesses across 21 European markets, in addition to being responsible for corporate governance matters.
Prior to his appointment, James was Legal and Compliance Director for Genworth’s Payment Protection Insurance business, a post he had held since May 2001. His earlier career included roles in the Banking practices of Allen and Overy in London and Clayton Utz in Sydney Australia, before joining the General Electric Company’s European Equipment Finance business as Senior Legal Counsel.
A graduate of the University of Warwick, James completed his Law Society Finals at the Chancery Lane Law School.
“Genworth is working towards a goal of producing 50% of earnings from outside of the United States by 2010-11”, said Bob Brannock, President of Genworth Financial’s businesses in Europe and Canada. “With his international experience and commercial mind-set, James is the right person to lead integrated legal teams to support our growth plans.”
The company is currently recruiting for a European Compliance Leader and three lawyers to support its business operations in the UK and Ireland, Germany and Eastern Europe.
About Genworth Financial
Genworth is a leading insurance holding company, serving the lifestyle protection, retirement income, investment and mortgage insurance needs of more than 15 million customers across 25 countries. For more information, visit www.genworth.com.
Outside the US, Genworth focuses on Payment Protection and Mortgage Insurance, working with banks, brokers, advisers and other financial institutions. Our products help these groups to grow their business by reducing the risk of their loan portfolios and increasing revenues. By combining our international experience with local knowledge and service, Genworth Financial offers clients a unique partnership approach.
We opened our first European office in the United Kingdom in 1972. Today we have more than 700 employees in Europe with operations or business in Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, Turkey and the United Kingdom.
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Contact Information:
Media: Guy Genney, Genworth Financial, +44 (0)2 0 8380 3786
guy.genney@genworth.com
