DRB Capital Appoints CFO Ravi Correa as CFO

Annuity and structured settlement purchasers DRB Capital has appointed Ravi Correa, who holds nearly three decades experience in the sector as Chief Financial Officer (CFO).

Prior to joining DRB Capital,u00a0 Correa was CFO for Angel Oak Lending, where he leveraged financing capacity to $650M at a firm with over $10B of assets under Management.

Correa replaces Jerome Parsley who has acted as CFO for DRB Capital for more than a decade.

It is not clear what Parsleyu2019s next role is at this stage.

In a statement released announcing the appointment DRB Capitalu2019s CEO, Bruce Jaeger, said that Correau2019s addition to the team fitted the firmu2019s vision for growth.