Donna DeMaio, chief operating officer at United Guaranty Corp., will become CEO of the top-ranked mortgage insurer after Kim Garland moves up to chief underwriting officer for global consumer insurance at parent company American International Group.

DeMaio joined UG in May as COO. She succeeded Garland as chief operating officer. Prior to that DeMaio was president and CEO of MetLife Bank starting in 2005 until its sale to General Electric in December 2011.

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