Genworth, USMI Initiates Key Management Changes

""Genworth Financial's U.S. Mortgage Insurance (USMI)""::www.genworth.com/ division has initiated two key management changes. The company recently announced the promotion of John Clifford to senior vice president of commercial operations, as well as the return of Matt Young, who will rejoin USMI as its senior vice president of sales.

Clifford has previously served as USMI's chief risk officer and vice president of products and business development. In taking on the role of SVP, Clifford will be responsible for products, account development, marketing, commercial analytics, sales support and training, and capital markets and business strategy.

Young is headed back to USMI after a stint as the vice president of sales for ""Wells Fargo Home Mortgage"":https://www.wellsfargo.com/mortgage/. Prior to his position with Wells, Young was a regional vice president of sales for GE Mortgage Insurance, which became a part of Genworth and now comprises the company's USMI unit.

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""I am confident that John and Matt's experience and leadership will make them valuable additions to USMI's senior leadership team,"" noted Rohit Gupta, the company's president and CEO.

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