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PMI Canada Taps Exec

Janet Martin will lead the charge up north.

PMI Group

(PMI)

, a mortgage insurance company, said Tuesday that it appointed Janet C. Martin as managing director for PMI Mortgage Insurance Canada.

Earlier, she was CEO of Toronto-based

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, which facilitates electronic prepaid payment services for consumers.

"We're committed to serving the Canadian mortgage finance market and are staffing up with high-caliber talent in anticipation of receiving our federal and provincial mortgage insurance licenses," the company said. "Janet Martin is one of Canada's leading financial services executives, with a strong background in both strategy and operations. Her extensive leadership experience in Canadian financial services made her our top choice to head PMI Canada, and we are delighted that she has joined the PMI team."

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