Colverd named Brightwater CEO

Neil Colverd was named president and CEO of Brightwater Capital Management, the structured finance arm of WestLB. He replaces Graham Light, who will focus on his duties as vice chairman and global head of WestLB’s investment management business, confirmed spokeswoman Ashweeta Durani. Mr. Colverd was CEO of WestLB’s Asia Pacific region, as well as acting CIO of the company WestLB’s investment management business. George Suspanic, managing director at Brightwater, will now serve as Brightwater CIO.