CFI Mortgage Inc. has elected Paul R. Garrigues as executive vice president and chief financial officer.

CFI president and chief executive officer Christopher Castoro said Mr. Garrigues was selected for the position following an "exhaustive search for an individual with the right combination of public company experience, finance, and management, and with the ability to evaluate finance-related functions through the effective use of technology."

Mr. Garrigues began his career in 1972 with Touche Ross & Co., Los Angeles, and for the past six years was chief financial officer and senior vice president of finance and administration of Monument Mortgage Inc.

He has also served as first vice president and assistant director of the loan service division of First Nationwide Bank and vice president and chief financial officer of Financial Savings and Loan Association, San Diego.

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