Treasury names interim CIO for Tarp

New chief information officer appointed for the US Troubled Assets Relief Program

WASHINGTON, DC – The US Treasury has named James Lambright to serve as the interim chief investment officer for the Troubled Assets Relief Program (Tarp) authorised by Congress earlier this month.

Until the position is filled permanently, he will provide counsel to Treasury secretary Henry Paulson and Neel Kashkari, interim assistant secretary for the Office of Financial Stability, as they develop and implement the programme.

Lambright brings a strong private and public sector financial background to the Treasury team. He has been head of the Export-Import (Exim) Bank since July 2005, where he managed 400 employees and a $60 billion credit portfolio with $100 billion in financing capacity. He successfully converted Exim Bank into a self-financing agency, returning positive net income to the Treasury while taking no appropriated funds from Congress in 2008. Before that he worked in private equity at Credit Suisse, where he specialised in the underwriting and negotiation of real estate and venture capital transactions.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here