PRMIA Names Risk Industry Expert Steve Lindo New Executive Director

Northfield, MN - 8 July 2008

The Professional Risk Managers’ International Association (PRMIA) today named Steve Lindo as its new Executive Director. With a solid and geographically diverse background in many different facets of the industry, the PRMIA Board chose Mr. Lindo for the position vacated by PRMIA founding member David R. Koenig last fall, making him the second Executive Director in PRMIA’s six-year history.

Most recently Vice-President of Risk Capital Management at GMAC Financial Services in Minneapolis, MN and PRMIA’s Minneapolis Regional Director, Mr. Lindo is a graduate of Oxford University, where he received his BA in 1974 and MA a decade later. His other previous employment at Cargill Financial Services Corporation, Bank One, and Lloyds Bank PLC, had taken him to Europe, South America and the United States. He speaks Spanish, Portuguese, French, German and basic Russian. He has been an active member of PRMIA since its inception in 2002.

Mr. Lindo’s goal is not only to strengthen and build on PRMIA’s already existing, rock-solid foundations, but also to branch out into new directions and seize new opportunities. “PRMIA’s staff, Board, regional directors and other volunteers have done an outstanding job in building the foundation for PRMIA’s sustained growth, including new products due to be launched in the coming months,” he notes. “In addition to overseeing these initiatives, I will be looking for opportunities to add other new products and services to meet the changing needs of PRMIA members and partners.”

Mark Abbott, Secretary of PRMIA’s Executive Committee of the Board of Directors lauds Mr. Lindo’s commitment and goals. “My personal interactions with Steve have been very rewarding,” Mr. Abbott says. “He has been formulating plans to help connect with all our volunteer leaders, as well as practitioner members. He has also been thinking about ways to increase PRMIA’s ability to advance the risk profession, increase our relevance to risk through targeted activities meant to engage and communicate with more senior practitioners and thought leaders, as well as further develop the paths for career evolution for all members. We share similar long-term visions for the expansion of what PRMIA should and could do for the risk profession.”

Steve Lindo regards his position as “a great honor. On behalf of PRMIA, I intend to be a champion for the value added by professional risk managers worldwide to business decisions and financial results. I look forward to interacting with a wide community of fellow believers.”

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