Sanford Alexander Ibrahim is a retired executive with significant public company CEO level leadership experience with successful growth and turnaround situations in US and international financial services. Active in educational, interfaith and international policy related non-profit institutions.
CEO, Radian Group (NYCE: RDN)- May 2005-March 2017
Led Radian in a spectacular turnaround after entering the financial downturn with $150 billion in global credit exposure to residential mortgages, municipal debt and structured financial instruments. Successfully negotiated acquisitions, divestitures, and equity and debt capital raises. Led the company from a $1 share price at the bottom of the downturn to $20 and from a number three/four market position to becoming the industry leader. Recruited an industry leading executive "dream team" while winning an industry award for diversity. Motivated employees to overcome significant challenges that caused many peer companies to fail.
CEO, GreenPoint Mortgage- 1999-2005
Led GreenPoint Mortgage, a division of GreenPoint Bank, in an impressive organic growth from a post acquisition $6 billion to $60 billion in mortgage origination volume over a 6 year period, with a multiple increase in profitability. Successfully met staffing, financial and technology challenges associated with a 10X growth. Leveraged powerful alliances with the GSEs, technology and Wall Street firms and won the Wharton-Infosys Award for technology based innovation.
Worked at General Electric, Bank of America, Wells Fargo, JP Morgan-Chase and American Express in a range of marketing, sales, risk management, financial, reengineering and senior divisional executive positions. Served as Chief Risk Officer for Consumer Banking at Chemical Bank (now part of JP Morgan-Chase) from 1989 to 1993, helping the bank avoid expensive mistakes made by other major New York Banks.