Lila Granda promoted to Head of Political Risk and Credit at Vantage

Vantage Group Holdings Ltd., a provider of insurance and reinsurance solutions, has announced the promotion of Lila Granda to Head of Political Risk and Credit (PRC).

Effective immediately, Granda will join the group’s Insurance leadership team and report directly to Alex Blanco, Chief Executive of Insurance.

In her new role, Granda will lead the PRC team and manage the group’s PRC portfolio.

She will be responsible for maintaining discipline, ensuring diversification, and consistently applying the PRC underwriting strategy and risk appetite. Additionally, Granda will serve as the senior risk manager for Political Risk and Credit.

Blanco said: “We’re delighted to announce Lila’s promotion to Head of Political Risk and Credit. She has been a valuable team member, and her extensive experience and deep understanding of the global political landscape have been instrumental to our success.

“We’re confident that she will lead our team to new heights, continue to help our clients navigate today’s dynamic risk environment, and further build our momentum toward sustained profitability.”

Granda joined Vantage in 2021 as a Senior Risk Manager in Political Risk & Credit. With over 20 years of experience in underwriting and managing risks within the Credit and Political Risk insurance sector, she brings extensive expertise to her role.

Previously, she held senior positions at Zurich and the US Overseas Private Investment Corporation (OPIC), now known as the US International Development Finance Corporation (DFC).

At Zurich, she served as Technical Underwriting Director for Credit and Political Risk, where she was pivotal in developing risk appetite and underwriting strategies, as well as in portfolio monitoring and expansion of regional offices.

Her roles at OPIC included International Economist and Insurance Officer for Eastern Europe & the Former Soviet Union, Insurance Officer for Latin America & the Caribbean, and Regional Manager for Latin America & the Caribbean.

In early 2024, Granda was nominated to chair the Medium/Long-Term Export Credit Panel at the Berne Union, a global association for export credit and investment insurance.

Granda added: “I am thrilled to take on this role at Vantage. As the global political landscape continues to evolve, it’s more important than ever to have a deep understanding of the risks and opportunities it presents.

“I look forward to leading our team in providing our clients with the insights and solutions they need to navigate this complex environment.”

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