ATLANTA-Sue Mitro, who joined locally based Lane Co. in July 2005 as risk manager, has been promoted to director of risk management. The company recently created the position to handle the company's growing volume of risk and insurance coverage.

Lane chief financial officer Derek Kahn says Mitro has 20 years of risk management experience and has "distinguished herself through several challenges, including the aftermath of Hurricane Katrina." Kahn says that "due to the growing number of new projects in the [company's] pipeline, there has been an increase in the complexity of managing risk and insurance placement."

Mitro holds both the Chartered Property Casualty Underwriter and the Associate in Risk Management industry designations. She is an active member of the Risk and Insurance Management Society, Kahn says.

Lane Investment and Development has developed 20,000 condominium homes and apartment units valued at $1.5 billion. Lane Realty Construction has built 11,000 units and constructed 100 multifamily and commercial projects. Lane Co. manages 30,000 apartment units in 11 states. CondoLane sells and markets condos for Lane Investment and Development and also for third-party clients. Lane Asset Management proves professional services to equity partners and Lane's affiliates with real estate portfolios.