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ENHANCE GROUP NAMES KENNETH VON DER HEIDEN PRESIDENT OF GUARANTY RISK SERVICES

 ENHANCE GROUP NAMES KENNETH VON DER HEIDEN PRESIDENT
 OF GUARANTY RISK SERVICES
 NEW YORK, Sept. 22 /PRNewswire/ -- Enhance Financial Services Group Inc. (NYSE: EFS) today announced the appointment of Kenneth R. Von der Heiden, 56, as president of Guaranty Risk Services, Inc., effective Oct. 1, 1992. Guaranty Risk Services, a wholly owned subsidiary of Enhance Group, is an adviser on securitized real estate and municipal transactions for which Asset Guaranty, another Enhance Group subsidiary, provides credit enhancement.
 Mr. Von de Heiden joins Enhance Group from John Nuveen & Company, where he worked since 1984 and most recently was a member of the Corporation Management Committee and vice president and manager of the National Municipal Bond Department. From 1957 to 1984 Mr. Von der Heiden was at Kidder, Peabody & Company, where he became vice president, Deputy Manager of the National Municipal Bond Department, and manager of the New York Department.
 Wallace O. Sellers, president and chief executive officer of Enhance Group, said, "The addition of Ken Von der Heiden to our senior executive ranks will enable us to build on and extend the progress we have made in our direct financial guaranty insurance business."
 Mr. Von der Heiden, who created The Bond Buyer's 25 Bond Revenue Bond Index, has served as a board member and treasurer of the Public Securities Association, and is a member of the Municipal Bond Club of New York, the Municipal Forum of New York, and the Bond Club of Chicago.
 Mr. Von der Heiden received a B.A. from Wagner College and completed the Stanford University Graduate School of Business Executive Management Program.
 Enhance Financial Services Group Inc., through its wholly owned subsidiaries, provides financial guaranty reinsurance, reinsurance of certain related specialty lines of business, and limited amounts of primary financial guaranty insurance.
 -0- 9/22/92
 /CONTACT: Sheila Brody of Enhance Financial Services Group, Inc., 212-983-3100/
 (EFS) CO: Enhance Financial Services Group Inc.; Guaranty Risk Services, Inc. ST: New York IN: FIN SU: PER


SH-OS -- NY021 -- 2047 09/22/92 09:47 EDT
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Publication:PR Newswire
Date:Sep 22, 1992
Words:337
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