LAS VEGAS, Aug. 22, 2005 (PRIMEZONE) -- Vestin Group, Inc. (Pink Sheets:VSTN) today announced the appointment of Rocio Revollo, CPA to the position of Corporate Controller.
Ms. Revollo's responsibilities comprise overall management of Vestin's accounting department, Federal and State regulatory reporting for Vestin Funds I, II and III and internal reporting.
Prior to joining Vestin, Ms. Revollo was the corporate controller for Sobel Westex and Chief Financial Officer of Sobel Linen Company where she was responsible for the management and the development of the accounting department. Earlier, she was Assistant Controller, State of Florida Operations for Humana, Inc. - Physician Corporation of America and, prior to that, Ms. Revollo was with KMPG Peat Marwick for five years in the Audit Department.
John Alderfer, Vestin's Chief Financial Officer, said, "We are extremely pleased to have Rocio Revollo join the Vestin team. Her experience and leadership capabilities will make a strong contribution to the growth of Vestin."
Ms. Revollo said, "I am looking forward to working with and building Vestin's accounting department and working toward the company's current objectives and ensuring that the company's accounting systems are maximized and run smoothly."
About Vestin Group
Vestin Group, Inc., through its subsidiaries, is engaged in asset management, real estate lending, and other financial services. Its subsidiary, Vestin Mortgage, has facilitated more than $1.5 billion in lending transactions since 1995. Through Vestin Mortgage, Vestin Group manages three funds: Vestin Fund I, LLC, Vestin Fund II, LLC, and Vestin Fund III, LLC. These Funds have assets in the aggregate of approximately $500 million.