(Corrects to add the dropped word “Finance” in first paragraph)
Sept 5 (Reuters) - Ally Financial Inc’s unit Ally Corporate Finance named Jim Babcock managing director and head of healthcare underwriting, effective immediately.
Ally Corporate provides senior secured commercial-lending products primarily to U.S.-based, middle-market companies.
Babcock will be based in New York and report to Tom Ceto, head of healthcare finance for Ally Corporate Finance. (Bangalore newsroom; firstname.lastname@example.org)