Residential Capital Corporation (ResCap) has appointed Kenneth Fischbach to managing director, investor relations. Fischbach will lead ResCap’s global investor relations efforts supporting the company’s ongoing access to capital markets both domestically and internationally.
“Ken is well known within the investor community and brings tremendous experience in investor relations and financial institution relationship management,” said Louise Herrle, ResCap’s Treasurer. “He will be an important asset to our company as we continue to build our IR efforts globally.”
For the past 11 years, Fischbach served as a senior vice president at MBNA American Corporation in Wilmington, Del. Serving in multiple capacities throughout his tenure, Fischbach has held leadership positions in fixed income investor relations, global credit and financial institutions relationship management and treasury management. Fischbach supported capital market programs in the United States, Europe and Canada, including managing the capital markets aspects of the rating agency relationships.
Fischbach is a member of the American Financial Services Association (AFSA) and the American Securitization Forum (ASF). He has a MAS finance degree from John Hopkins University and a B.S. in Finance and Marketing from the University of Baltimore.
Residential Capital Corporation is a leading real estate finance company, focused primarily on the residential real estate market in the United States, Canada, Europe and Latin America. It is an indirect wholly owned subsidiary of General Motors Acceptance Corporation (GMAC).
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