Radian Reports Exec Change, Aussie Expansion

Radian Group Inc., a Philadelphia-based mortgage insurer, has announced a change in the leadership of its international mortgage business and an expansion into the Australian market.Radian said Roy Kasmar will step down as head of its international mortgage business on April 1, but will remain as an adviser through the end of the year. S.A. Ibrahim, Radian's chief executive officer, will assume primary responsibility for strengthening the company's international business, while Jeff Cashmer, senior vice president of the international mortgage business, will continue to direct day-to-day operations, Radian said. The company also reported that it had formed Radian Australia Ltd. late last year, and that managing director Andrew Morgan has relocated from London to Sydney and will be responsible for business development in Australia. Radian can be found online at http://www.radian.biz.