Radian Group, the mortgage insurance coverage and shutting providers supplier primarily based in Wayne, Pennsylvania, not too long ago introduced the appointment of Sumita Pandit as president, efficient July 2025. Pandit will assume the place following the retirement of present president, Derek Brummer, who first joined a Radian predecessor firm in 2002.
In her elevated function, Pandit will lead Radian’s mortgage insurance coverage operations, whereas serving concurrently as the corporate’s chief monetary officer, a task she presently holds. She arrived on the firm in 2023, employed as its first chief progress officer, and subsequently ascended to the CFO function just a few months later. Earlier in her profession, she held management positions at Goldman Sachs and JP Morgan.