Colin Elder Joins Symetra as
Vice President of Mortgage Loans
Bellevue, Wash. — (March 7, 2007) — Symetra Financial today announced that Colin M. Elder has been named vice president of mortgage loans and will lead the company’s commercial mortgage division. Symetra’s commercial lending unit manages approximately $800 million in outstanding loans as part of the company’s investment portfolio.
Before joining Symetra, Elder managed a nationwide real estate originations team as a vice president with Genworth Financial. He has 24 years of commercial real estate experience in loan origination, underwriting, closing and servicing. Elder is a graduate of the University of Puget Sound.
“Symetra is pleased to have someone of Colin Elder’s extensive commercial real estate lending background, experience and reputation join our organization,” said Roger Harbin, executive vice president and chief operating officer at Symetra Financial. “He has a strong track record of establishing and managing key relationships. We look forward to his contributions.”
“I am excited to be joining Symetra at such an important period of growth and development,” said Elder. “With a strong management team, solid financial performance and diverse product mix, I am delighted to be a part of such a promising company.”
Elder is replacing Dick Manske who is retiring after 28 years with Symetra.
“We thank Dick for his many years of dedication and service to our company,” said Harbin. “Under Dick’s leadership, our commercial mortgage division has consistently been a key part of Symetra’s success as a whole.”
About Symetra Financial
Symetra Financial is a family of companies with a half-century of experience providing retirement plans, employee benefits, annuities and life insurance through independent distributors nationwide. The company has more than $20 billion in assets
1 and is owned by an investor group led by White Mountains Insurance Group Ltd. and Berkshire Hathaway Inc.
Reach for great things.SM
1 Source: Total GAAP assets per financial statements of December 31, 2006.
Reach for great thingsSM is a service mark of Symetra Life Insurance Company.
Symetra® and the Symetra Financial logo are registered service marks of Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004.
