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Sri Kadasinghanahalli joins MGIC as Vice President, Data & Analytics

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Mortgage Guaranty Insurance Corporation (MGIC), a subsidiary of MGIC Investment Corporation (NYSE: MTG), has welcomed Sri Kadasinghanahalli as Vice President of Systems Development, effective October 18, 2021. Kadasinghanahalli brings extensive experience from roles at PNC Financial, Truist Financial, and SunTrust Bank, specializing in Big Data solutions and security technology. His leadership is expected to contribute to MGIC's goal of becoming a leading digital, data-driven company, as stated by Bob Candelmo, MGIC's SVP Chief Information Officer.

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  • Sri Kadasinghanahalli's extensive background in technology and data solutions enhances MGIC's strategic capabilities.
  • His experience in security technology may strengthen MGIC's risk management and data security.
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MILWAUKEE, Nov. 5, 2021 /PRNewswire/ -- Today MGIC Investment Corporation's (NYSE: MTG) principal subsidiary Mortgage Guaranty Insurance Corporation (MGIC) announced that Sri Kadasinghanahalli joined the company on October 18, 2021 as Vice President, Systems Development.

Mr. Kadasinghanahalli's previous leadership experience includes PNC Financial, Truist Financial, and SunTrust Bank.  Mr. Kadasinghanahalli has implemented Big Data solutions, modernized client data platforms, and reduced risk through data loss prevention, and most recently as SVP, Security & Technology Director at PNC Financial, he delivered enterprise focused security solutions.

"We look forward to working with Sri as we advance toward our goal to become a best-in-class digital, data-driven company.  Sri's combined talent and experiences across multiple technology disciplines will be a valuable addition to the MGIC team," said Bob Candelmo, SVP Chief Information Officer.

Mr. Kadasinghanahalli holds a Bachelor of Engineering in Mechanical Engineering from the PES Institute of Technology, Bangalore, India, and an MS in Industrial Engineering from the University of Memphis, Herff College of Engineering. 

About MGIC

Mortgage Guaranty Insurance Corporation "MGIC" (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance.

From time to time MGIC Investment Corporation releases important information via postings on its corporate website, and via postings on MGIC's website for information related to underwriting and pricing, and intends to continue to do so in the future. Such postings include corrections of previous disclosures, and may be made without any other disclosure. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information for MGIC Investment Corporation alerts can be found at https://mtg.mgic.com/shareholder-services/email-alerts. For information about our underwriting and rates, see https://www.mgic.com/underwriting.

Cision View original content:https://www.prnewswire.com/news-releases/sri-kadasinghanahalli-joins-mgic-as-vice-president-data--analytics-301417795.html

SOURCE MGIC Investment Corporation

FAQ

Who is Sri Kadasinghanahalli and what is his role at MGIC?

Sri Kadasinghanahalli is the new Vice President of Systems Development at Mortgage Guaranty Insurance Corporation (MGIC), effective October 18, 2021.

What companies did Sri Kadasinghanahalli work for before joining MGIC?

Before joining MGIC, Sri Kadasinghanahalli worked at PNC Financial, Truist Financial, and SunTrust Bank.

How is MGIC planning to improve its technology and data capabilities?

MGIC aims to enhance its technology and data capabilities by leveraging Sri Kadasinghanahalli's expertise in Big Data and security solutions.

What are the goals of MGIC with the addition of Sri Kadasinghanahalli?

MGIC's goal is to become a best-in-class digital, data-driven company, utilizing Kadasinghanahalli's talent and experience.

What is the stock symbol for MGIC Investment Corporation?

The stock symbol for MGIC Investment Corporation is MTG.

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