Richard Corrigan - Operating Partner
Mr. Corrigan is an Operating Partner of Izar Capital Group with a focus on international and multi-national agencies, and a senior seasoned financial executive with over 30 years of experience in commercial and investment banking covering the U.S. and Asia. Mr. Corrigan is highly skilled in the areas of trade finance, commercial lending and loan syndication, securities transactions, loan workout and international private banking and trust.
Mr. Corrigan has served as Senior Advisor to the DOE’s Loan Guarantee Program, where he managed a team of 80 consultants in disciplines including credit, origination, monitoring, technical and engineering analysis and office support, and was the principal spokesman for the nuclear power program. Mr. Corrigan also served within OPIC as Director of Portfolio Management and Special Assets, as well as Director for Credit Review and Risk Management., wherein he managed an $18 billion loan portfolio with responsibility for overall credit quality and reserves. Previously, he headed up OPIC’s initiative to increase penetration of middle market companies expanding overseas and established its push in to financing or insuring housing and mortgage finance in developing markets.
Prior to OPIC, Mr. Corrigan was in the workout group for the FDIC’s Resolution Trust Corporation, where managed and successfully concluded the affairs of 60 active operating subsidiaries of failed savings and loan associations, including companies active in Trust Management, Securities Sales, Mortgage Servicing, Insurance, Real Estate and Consumer Loans, and was appointed to position of Assistant Managing Agent for $4 Billion failed thrift in Ft. Lauderdale, responsible for all credit decisions. He has also worked with the Asian American Capital Corporation as the CFO, and was with Barclay’s Bank (Singapore) where he introduced leveraged Forex products. Prior to that, he was at Chase Manhattan Bank (New York and Asia), where he managed the Singapore/Indonesia product development group and coordinated all trade finance activities in the South and South East Asian region, managed the credit and marketing activities in Malaysia, and managed the U.S. operations of Japanese multinationals.
Mr. Corrigan honorably served as a Captain/Navigator in the U.S. Air Force, was a navigator instructor, and electronic warfare officer, and received the Distinguished Flying Cross and five Air Medals.
Mr. Corrigan is an Operating Partner of Izar Capital Group with a focus on international and multi-national agencies, and a senior seasoned financial executive with over 30 years of experience in commercial and investment banking covering the U.S. and Asia. Mr. Corrigan is highly skilled in the areas of trade finance, commercial lending and loan syndication, securities transactions, loan workout and international private banking and trust.
Mr. Corrigan has served as Senior Advisor to the DOE’s Loan Guarantee Program, where he managed a team of 80 consultants in disciplines including credit, origination, monitoring, technical and engineering analysis and office support, and was the principal spokesman for the nuclear power program. Mr. Corrigan also served within OPIC as Director of Portfolio Management and Special Assets, as well as Director for Credit Review and Risk Management., wherein he managed an $18 billion loan portfolio with responsibility for overall credit quality and reserves. Previously, he headed up OPIC’s initiative to increase penetration of middle market companies expanding overseas and established its push in to financing or insuring housing and mortgage finance in developing markets.
Prior to OPIC, Mr. Corrigan was in the workout group for the FDIC’s Resolution Trust Corporation, where managed and successfully concluded the affairs of 60 active operating subsidiaries of failed savings and loan associations, including companies active in Trust Management, Securities Sales, Mortgage Servicing, Insurance, Real Estate and Consumer Loans, and was appointed to position of Assistant Managing Agent for $4 Billion failed thrift in Ft. Lauderdale, responsible for all credit decisions. He has also worked with the Asian American Capital Corporation as the CFO, and was with Barclay’s Bank (Singapore) where he introduced leveraged Forex products. Prior to that, he was at Chase Manhattan Bank (New York and Asia), where he managed the Singapore/Indonesia product development group and coordinated all trade finance activities in the South and South East Asian region, managed the credit and marketing activities in Malaysia, and managed the U.S. operations of Japanese multinationals.
Mr. Corrigan honorably served as a Captain/Navigator in the U.S. Air Force, was a navigator instructor, and electronic warfare officer, and received the Distinguished Flying Cross and five Air Medals.