Kamakura Corporation announced that Martin Zorn, a 21 year Wachovia Corporation veteran, has been named chief administrative officer at Honolulu-based risk vendor Kamakura Corporation. Mr. Zorn, who will based in Kamakuras Honolulu head office, joins Kamakura after serving as chief administrative officer and corporate secretary for Tennessee Commerce Bancorp, a $1.4 billion business bank. Mr. Zorn will oversee finance, human resources, public relations, and investor relations at Kamakura and work actively with Kamakura CEO Dr. Donald R. van Deventer, COO Warren Sherman, and senior adviser Dr. David Rowe to share his finance and credit experience with Kamakura clients in 34 countries. Mr. Zorn has been a part time resident of Hawaii for many years.
We are extremely pleased that Martin Zorn will bring his 3 decades of banking experience to Kamakura Corporation and to our clients, said Kamakura founder and Chairman Dr. Donald R. van Deventer. Martin has served as chief financial officer for two publicly listed banking companies, experience that is very important as Kamakura grows rapidly and has the opportunity to consider an initial public offering. Kamakuras Board of Directors and shareholders are gratified that Martin has agreed to join the Kamakura team.
Martin Zorn is one of the smartest senior banking clients that Kamakura has had in its 21 year history, said Warren A. Sherman, Kamakura President and chief operating officer. When you combine Martins intellectual firepower with his long experience in commercial lending and his consensus building skills, you have a new member of the team who will play a big role in helping our clients move from common practice risk management to best practice risk management in Kamakuras third decade in the risk business.
Mr. Zorn began his career as a systems engineer for Electronic Data Systems and Third National Bank in Nashville.
D.C.