Redwood Trust, the specialty financing firm based in Mill Valley, California, recently announced key leadership moves across the company and subsidiaries. Within its corporate leadership team, the firm welcomed Abhinav Asthana as chief technology officer, a role in which he will help develop Redwood’s offerings through expanded digital capabilities and implementation of artificial intelligence. He most recently served as head of product at Tavant and held previous leadership roles at Wipro and Hewlett-Packard.
The company also named Jason Kopcak as head of alternative strategies, responsible for increasing Redwood’s growth in new product types and expanding distribution channels across its platforms. His previous roles include positions with Altisource, Nomura Holdings and Morgan Stanley.
Additionally, Redwood subsidiary Corevest promoted Fred Matera to CEO. Most recently co-head of the residential investing lending unit, Matera will focus on delivering product growth and expanding distribution channels. In two different tenures at Redwood, Matera has served in several leadership capacities, including as chief investment officer and head of commercial.