The First American Corporation Names Christopher Del Moral-Niles Treasurer
|August 16, 2006|
SANTA ANA, Calif., -- The First American Corporation (NYSE: FAF) has named Christopher Del Moral-Niles treasurer and an officer of the corporation.
In this position, Niles will coordinate cash management, investment, financing and capital management activities across The First American Family of Companies. Niles will also support several initiatives related to the centralization of treasury functions, financial planning and budgeting for the company.
Niles, a Chartered Financial Analyst, brings 15 years of financial services industry experience to this position. He joins First American from Union Bank of California, NA, where he most recently served as senior vice president and director of Liability Management for the bank. Niles also served as president and director of UnionBanCal Commercial Funding Corp. and had previously served as the bank's Asset/Liability strategist.
"We are delighted to add Chris to our management team," said Frank V. McMahon, vice chairman and chief financial officer of The First American Corporation. "He brings a wealth of experience, technical expertise and market knowledge to this position."
Prior to joining Union Bank, Niles spent 10 years as an investment banker within the Financial Institutions Groups at Lehman Brothers and Merrill Lynch, working on financial services-related financing and merger transactions in New York, London and Los Angeles. He graduated with Honors and Distinction from the University of California at Berkeley.
Niles will assume his duties with First American effective Aug. 28, 2006.
Source: The First American Corporation