Assured Guaranty Ltd. announced that, as of January 1, 2024, Chief Financial Officer Robert A. Bailenson will be appointed as Chief Operating Officer. As COO, Mr. Bailenson will be responsible for various strategic initiatives as Assured Guaranty seeks to grow its business and increase its returns through increased earnings from insurance and asset management, higher investment returns, and capital efficiencies. Specifically, he will assume responsibility over the company?s financial guaranty underwriting businesses and origination strategies worldwide, as well as other initiatives for revenue generation.

He will also be in charge of Investor Relations and Corporate Communications, Information Technology, and the AG Analytics subsidiary. He will continue to work closely with President and CEO Dominic Frederico in setting the strategic direction of the Company and in the execution of corporate priorities.