Board of Managers
James M. Tabacchi - Capital Markets Engineering
& Trading LLC
Mr. Tabacchi joined Citicorp/Citibank in 1980. Over a period of 19 years
he has worked in various customer interface and business head positions
within the Investment, Corporate, and Consumer Banking Divisions. In 1987
Mr. Tabacchi became the regional business manager for the Northeast Division
of Citicorp Mortgage, Inc. In 1989 he was a Division Financial controller
in Citicorp’s North American Investment Bank. During 1990 Mr. Tabacchi
was asked to manage the day-to-day operations of Citibank’s Municipal
Trust business, while revamping the product lines and packaging the business
for sale, which was completed in 1992. He then joined the Finance Desk
in 1992, and was named Treasurer of Citicorp Securities, Inc. in 1995.
As Treasurer,
Mr. Tabacchi initiated an off balance sheet engineering effort to securitize
Citicorp’s fixed income business. In 1998, he was given additional
responsibilities as co-head of the Primary Dealer desk, and he was accountable
for over $50 billion in Securities Assets, Mortgage Loans, Reserves, and
Placements. In addition, Mr. Tabacchi was responsible for expanding the
Structured Finance Group, which had become the cornerstone of Citibank’s
fixed income business plans prior to the Citicorp-Travelers merger. Mr.
Tabacchi’s NASD certifications include Series 7, 63, 27 and 24.
William F. Strome - Friedman, Billings, Ramsey &
Co. Inc.
Mr. Strome is a Managing Director in FBR’s Diversified Industries Investment
Banking Group. Prior to joining FBR in May 2001, Mr. Strome was responsible
for PNC Capital Market’s Mergers and Acquisitions and Corporate Finance
Advisory Groups activities and for equity underwriting through a strategic
alliance between PNC Financial Services Group, Inc. and FBR. Prior to
joining PNC Capital Markets in 1996,
Mr. Strome was Senior Vice President, Deputy General Counsel and Corporate
Secretary of PNC Financial Services Group responsible for managing the
Corporation’s mergers and acquisitions, corporate governance, securities,
bank regulatory, lending and workout related legal matters. Mr. Strome’s
primary focus was on PNC’s mergers and acquisitions activity and general
corporate matters. He joined PNC Financial Services Group’s Legal Division
in 1981. Mr. Strome received his J.D. and M.B.A. from the University of
Pittsburgh and B.A. in Economics from Northwestern University.
Thomas Lamb - Allianz Risk Transfer, Inc.
Tom Lamb, Principal of Allianz Risk Transfer, Inc. (USA). Tom joined ART
in 1998 and his main emphasis has been in capital markets related transactions.
From 1990 to 1998,Tom was at CapMAC/MBIA in New York City where he oversaw
secondary market credit enhancement, packaged products and arbitrage.
Prior to 1990, Tom held positions at Bond Investors Guranty (BIG) and
various broker/dealers. Tom is a graduate of the University of Michigan.
Daniel L. Sussman - XL Financial Solutions Ltd
Daniel L. Sussman is Chief Executive Officer of XL Financial Solutions
Ltd, a subsidiary of XL Capital Ltd which is a New York Stock Exchange
listed insurance, reinsurance and financial services company.
XL Financial Solutions is dedicated to providing sophisticated solutions
for optimizing risk management through innovative tailored and financially
oriented solutions utilizing (re)insurance and capital market techniques.
Headquartered in Bermuda, XLFS has affiliated offices in Stamford and
London.
Mr. Sussman joined XL in February 1998 and was formerly General Counsel
and Senior Vice President with XL Capital Products Ltd, the XL subsidiary
responsible for structuring financial guaranty and other related credit
enhancement transactions. Prior to joining XL, he was associated with
the international law firm of Clifford Chance in New York, specializing
in structured finance.
Mr. Sussman, a member of the New York Bar, has law degrees from the University
of Pennsylvania Law School and Oxford University and degrees from The
Wharton School (M.A.) and Harvard University (B.A.).
Orlando Figueroa - Lord Securities Corporation
Mr. Figueroa is the Vice President – Corporate Governance and New
Business Development of Lord Securities Corporation, a management, financial
services and administration company, with operations in New York, Delaware,
and Johannesburg, South Africa, and affiliates in London and Tokyo. Mr.
Figueroa’s responsibilities at Lord include business development,
senior oversight of Lord’s corporate governance practice, and the
management all daily aspects of document review and execution, including
legal response and transaction management. In addition, he is responsible
for domicile regulatory compliance in both domestic and international
jurisdictions wherein Lord has a business presence. Prior to joining Lord,
Mr. Figueroa was associated with the law firms of Loeb & Loeb LLP
and Moses & Singer LLP.
