HAMILTON, Bermuda, Feb 11, 2010 (BUSINESS WIRE) -- Assured Guaranty Ltd. ("Assured Guaranty") (NYSE:AGO), the holding
company for direct bond insurers Assured Guaranty Corp. ("AGC") and
Assured Guaranty Municipal Corp. ("AGM"), announced today that William
B. O'Keefe will join AGC and AGM as Senior Managing Director, Municipal
Marketing. He reports directly to Séan W. McCarthy, Chief Operating
Officer of Assured Guaranty.
In his new role, Mr. O'Keefe will primarily focus on maintaining and
expanding the direct bond insurance companies' working relationships
with municipal sales, trading and syndication desks. He will also lead
AGC's and AGM's retail marketing and electronic platform strategy.
"We're all looking forward to working with Bill, who adds significant
experience and talent to our organization," said Mr. McCarthy. "As we
further build the market leadership of our two bond insurance platforms
- AGM, the municipal-only insurer, and AGC, the diversified provider --
we are committed to providing issuers and investors with the most
creative and responsive service in our industry. Bill is uniquely
qualified to help us achieve that goal."
Mr. O'Keefe said: "I am very excited about this opportunity. I believe
that Assured Guaranty is a great company and that this position is a
perfect fit for me."
Mr. O'Keefe brings 20 years of experience as Managing Director of Morgan
Stanley's Municipal Bond Department, where his leadership played a key
role in that firm's growth in the public finance and municipal bond
markets. Notably, he has served on the Board of the Municipal Securities
Rule Making Board, is a past chairman of the Bond Market Association's
Municipal Securities Division and a founding member of MuniCenter, an
electronic trading platform for municipal bonds, in which Assured
Guaranty is an investor.
He graduated from St. Michael's College in Winooski, Vermont with B.A.
degree.
Assured Guaranty Ltd. is a publicly-traded Bermuda-based holding
company. Its operating subsidiaries provide credit enhancement products
to the U.S. and international public finance, infrastructure and
structured finance markets. More information on the Assured Guaranty
family of companies can be found at www.assuredguaranty.com.
SOURCE: Assured Guaranty Ltd.
Assured Guaranty Ltd.
Betsy Castenir, Managing Director, Corporate
Communications, 212-339-3424 or 917-940-2462
bcastenir@assuredguaranty.com
or
Ashweeta Durani, Vice President, Corporate
Communications, 212-408-6042 or 917-597-2065
adurani@assuredguaranty.com