Truett retires from Primus

Charles Truett, head of portfolio management at credit derivatives product company Primus Guaranty in New York, will retire from the firm at the end of March.

Primus expects to appoint a replacement during the first quarter and will review external and internal candidates for the position.

Truett joined Primus in 2001 after 31 years with Bank of America and Continental Bank. During that time he had served as BoA’s senior risk management executive in Asia, as senior credit officer for Latin

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