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Scottish Re appoints new chief restructuring officer

A former General Electric manager who most recently worked for Cerberus Capital Management has joined bermuda-based Scottish Re Group to take charge of re-structuring of the global life reinsurance company.

Scottish Re has announced the appointment of Dan Roth as executive vice president and chief restructuring officer.

In this newly created role, he will lead the Scottish Re transition program focused on operational effectiveness. He will be a member of the Scottish Re Executive Committee, allowing him to help drive operational efficiencies between the Company's business segments.

Paul Goldean, chief executive officer, said: "Dan has an impressive background focused primarily on process improvement and operational effectiveness. We are pleased to welcome him as a member of our executive team and look forward to his contributions to the Company."

Prior to joining Scottish Re, Mr. Roth spent the last year with Cerberus Capital Management L.P. on its operations team focused on financial and operational due diligence in the insurance, media, and information technology industries.

His previous experience includes 10 years with the General Electric Company, most recently as the manager of finance for GE Money's personal loan business in Japan. Mr. Roth also led GE Money's global capital allocation program in Stamford, CT, implementing risk based capital allocation methodologies across its portfolio of consumer receivables.

Prior to that, he was a senior manager for GE's corporate audit staff, leading teams responsible for financial and operational reviews of GE's businesses in North America and Asia.