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Genworth Mortgage Insurance Unit Adds New CIO and COO

Genworth Financial has named a new COO and a new CIO to its U.S. Mortgage Insurance unit.

Genworth Financial has appointed Paul Gomez as COO and George Reichert at CIO of its U.S. Mortgage Insurance (USMI) unit, based in Richmond.

Gomez was SVP for U.S. Life Insurance Operations at Genworth prior to this position and Reichert was previously a CIO at Nortel Networks.

Read about howGenworth Financial Appoints New Chief Risk Officer and New Chief Actuary

President and CEO of Genworth USMI, Rohit Gupta, cited Gomez's background in analytics and customer experience as key to his promotion. Meanwhile, the company praised Reichert's restructuring of Nortel's IT unit and expects him to deliver a cohesive, strong strategy to USMI's IT organization as well.

“George is a results-driven leader with a proven ability to develop and execute IT strategy as well as motivate and empower people,” says Gupta in a statement. “I'm pleased to have him on board to focus on how we can best leverage technology to drive the business forward and effectively manage change.”

Check out Q&A: How Genworth’s Technology Strategy Supports IUL Product Launch

Zarna Patel is a staff writer for InformationWeek's Financial Services brands, which include Bank Systems & Technology, Insurance & Technology and Wall Street & Technology. She received her B.A. in English and journalism from Rutgers University College of Arts and Sciences in ... View Full Bio

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