NEW YORK, Mar 30, 2010 (BUSINESS WIRE) --Bond insurers Assured Guaranty Corp. (AGC) and Assured Guaranty Municipal Corp. (AGM), subsidiaries of Assured Guaranty Ltd. (together with its subsidiaries, "Assured Guaranty") (NYSE: AGO), today announced that Mary Francoeur, previously head of the Eastern Regional Municipal Group, will lead the Project Finance and Utilities Group. James Doyle, a member of the Eastern Regional Group, has been promoted to group head. They both report to Bill Hogan, Senior Managing Director, Public Finance of AGC and AGM.

"With a proven track record in our business and high industry profile, I believe that Mary is the right person to further develop our business in this growing segment of the public finance business," said Bill Hogan. "As she takes over this position, we are fortunate to have Jim Doyle, a seasoned underwriter, who is well known in the marketplace, to take over the management of our core municipal business in the Eastern region. Under their leadership, and with the deep bench of talent in both of these groups, we look forward to a smooth transition in serving the needs of our clients."

Ms. Francoeur joined AGC in 2008 as Managing Director for U.S. project finance. She was previously at Financial Guaranty Insurance Company and Moody's Investors Service, Inc. (Moody's). Ms. Francoeur is currently the Chairperson of the Municipal Analysts Group of New York and is a member of the United States Environmental Protection Agency's Environmental Financial Advisory Board. She has more than 24 years of experience in public finance.

Mr. Doyle joined Assured Guaranty through the acquisition of Financial Security Assurance (FSA), now AGM, where he served as a municipal underwriter of transportation, utility and tax-backed securities since 1993. Prior to joining FSA, he was a credit analyst at Moody's. Mr. Doyle is a member of the Municipal Analysts Group of New York and the National Federation of Municipal Analysts.

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

Assured Guaranty
Betsy Castenir, Managing Director, Corporate Communications
212-339-3424
bcastenir@assuredguaranty.com
or
Ashweeta Durani, Vice President, Corporate Communications
212-408-6042
adurani@assuredguaranty.com