Structured Finance Industry Group Adds Two Senior Securitization Leaders

WASHINGTON, May 24, 2017 /PRNewswire/ -- The Structured Finance Industry Group, Inc. ("SFIG"), a member-based trade industry group focusing on improving and strengthening the broader structured finance and securitization market, today announced that it has hired Covell Adams as Chief Administrative Officer ("CAO") and Scott Brody as Director of Education and Conferences. Ms. Adams will report to SFIG's Executive Director, Richard Johns, and Mr. Brody will report to Ms. Adams.

These additions to SFIG's senior leadership team represent the latest phase of SFIG's growth and evolution in becoming the leading voice for the global structured finance market. SFIG has approximately 350 institutional members, with near equal representation from issuers and investors in structured products, and in February 2017 hosted approximately 7,000 structured finance professionals at its hallmark annual conference, "SFIG Vegas," the single largest gathering in the industry. In April 2017, SFIG announced the expansion of its in-house event management capabilities.

"We are thrilled to add Covell and Scott to the SFIG team. Both of these talented senior leaders bring decades of industry experience and deep securitization market expertise to SFIG, as well as a successful history of collaborating with SFIG. Already, they both know and understand our operations, our goals, our staff, our members and, most importantly, our ethics," said Mr. Johns. "With a proven track record in client relations and strategy development honed at Wells Fargo Securities, I am confident that Covell will shine as SFIG's CAO. Scott's unparalleled conference management and event planning experience from his time as a leader within Information Management Network will be instrumental as we build our in-house event management capabilities. Their insights, leadership and securitization acumen will provide meaningful value to our membership."

"SFIG plays a crucial role as the unified voice of the structured finance market, and I am thrilled to join the SFIG team," said Ms. Adams. "I look forward to working with SFIG's executive team and diverse membership to build on the exciting momentum already generated by the organization's ongoing initiatives and to continuing our support of a robust and liquid securitization market. With the recent formation of the SFIG Foundation and the Structured Finance Coalition, plus the expansion of our Conference and Educational initiatives, it is truly a milestone moment in SFIG's evolution."

"I am very excited to join SFIG at this incredibly important moment in the organization's history," said Mr. Brody. "SFIG has established itself as the critical voice for securitization. I am eager to continue SFIG's collaborative efforts to increase membership participation and development across all sectors of the industry. The long-term integration of our online and in-person educational efforts with our conferences and events platform presents a unique opportunity to deliver an enhanced membership experience across the board."

In her role as Chief Administrative Officer, Ms. Adams will be responsible for coordinating long-term planning and strategy development across SFIG's core education and operational initiatives, the SFIG Foundation and the Structured Finance Coalition. She will serve as the liaison between SFIG's executive membership and leadership team and operational teams within each area of the organization. Prior to joining SFIG, Ms. Adams was Head of Business Strategy and Development for the Asset Backed Finance and Securitization unit of Wells Fargo Securities, where she was responsible for creating and executing growth strategies across consumer, mortgage, and corporate debt. She previously served as Director and Chief Operating Officer of Global Mortgages and Securitized Products at Bank of America Merrill Lynch.

As SFIG's Director of Education and Conferences, Mr. Brody will build on SFIG's successful longtime partnership with IMN in expanding SFIG's independent in-house event management capabilities. Mr. Brody joins the organization from IMN-Euromoney, where as Managing Director he was responsible for organizing numerous senior-level executive conferences across several industry verticals and was deeply involved in the annual planning of "SFIG Vegas," the single largest gathering of structured finance professionals and SFIG's hallmark annual conference. Mr. Brody co-founded IMN in 1994 had has built his reputable career organizing renowned high-impact conferences spanning all sectors of the fixed income capital markets, structured products and asset management communities.

About Structured Finance Industry Group, Inc.

Structured Finance Industry Group, Inc. (SFIG) is a member-based, trade industry group focused on improving and strengthening the broader structured finance and securitization market. SFIG provides an inclusive network for securitization professionals to collaborate and, as industry leaders, drive necessary changes, be an advocate for the securitization community, share best practices and innovative ideas, and educate industry members through conferences and other programs. Members of SFIG represent all sectors of the securitization market including issuers, investors, financial intermediaries, law firms, accounting firms, technology firms, rating agencies, servicers, and trustees. Further information can be found at www.sfindustry.org

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SOURCE The Structured Finance Industry Group, Inc.