Radian Appoints Fawad Ahmad to Board of Directors


WAYNE, PA — Radian Group Inc. (NYSE: RDN) announced that Fawad Ahmad has been recently appointed to serve on its Board of Directors. Ahmad is a highly respected technology leader and insurance executive who has led transformational digital initiatives at several industry-leading companies delivering digital, data and analytics innovation across the high-tech, e-commerce, retail, and insurance industries.

It is our pleasure to welcome Fawad to the Radian Board of Directors,” said Radian Board Chairman Howard B. Culang. “Our Board is committed to regularly assessing and refreshing the skills and experience necessary to oversee the development and execution of our strategic plan. Fawad brings exceptional experience leading innovative digital, data and analytics organizations that will benefit our mortgage and homegenius business teams as they continue to transform the future of mortgage and real estate.”

“Fawad’s appointment will bring an important perspective of the digital transformation occurring across the financial and more broadly the consumer markets to Radian’s experienced and talented Board,” said Radian Chief Executive Officer Rick Thornberry. “We welcome the deep digital, customer-focused technology, business experience and important insights that Fawad will bring as we work to create stockholder value while delivering on our mission of affordable, sustainable and equitable homeownership.”

Fawad Ahmad, 46, is Senior Vice President and Chief Digital Officer at State Farm Mutual Automobile Insurance Company, an $80 billion property and casualty insurance provider that, with its affiliates, is the largest provider of auto and home insurance in the United States. In this role, he leads the company’s Enterprise Technology function, which enables the company’s digital and customer experience capabilities, supports customer and employee applications, and improves business processes.

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Prior to joining State Farm in 2016, Ahmad served as Senior Director and General Manager of Global Omnichannel Product and Strategy at Staples. Before that, he held the role of General Manager of the North America Core Shipping Platform at eBay, leading the function’s strategy, operations, and strategic partnerships. Ahmad previously provided legal, compliance and corporate oversight work for financial services organizations.

Ahmad earned a bachelor’s degree in Marketing from Southeastern University and a J.D. from Thomas Jefferson School of Law.

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