Business Services Industry
Assured Guaranty Ltd. Appoints Marc Bajer as Managing Director and Head of European Business
Business Wire, Sept 6, 2005
NEW YORK -- Assured Guaranty Corp., a subsidiary of Assured Guaranty Ltd. (NYSE:AGO), is pleased to announce that Assured Guaranty (UK) Ltd. has appointed Marc Bajer as Managing Director and head of its European business. Mr. Bajer will be responsible for the continued development of Assured Guaranty's European operations, including the global asset- and mortgage-backed securities, structured finance, public finance, project finance and private finance initiative markets. He will report to Michael Schozer, President of Assured Guaranty Corp., who commented, "We are extremely pleased to have Marc join our team. Expanding our international business is an important focus for Assured Guaranty's continued growth. Marc's extensive experience in European capital markets will contribute to the expansion of our European franchise."
Mr. Bajer has more than 25 years of experience in the U.S. and international fixed income markets, with a specialization in ABS, MBS and structured finance. He joins Assured Guaranty from Via Capital, where he was Chief Executive Officer. Previously, Mr. Bajer was Global Co-Head of Debt and Structured Capital Markets for Commerzbank AG London. Mr. Bajer, a French national, is a graduate of Hope College.
Assured Guaranty Corp. is a leading provider of financial guaranty insurance in the U.S. and international public finance, structured finance and mortgage-backed securities markets. Assured Guaranty Corp.'s underwriting experience combined with its financial strength make it the innovative financial guaranty partner of choice for issuers, investors and broker/dealers.
Assured Guaranty Ltd. is a Bermuda-based holding company. Its operating subsidiaries provide credit enhancement products to the U.S. and international public finance, structured finance and mortgage markets. More information can be found at http://www.assuredguaranty.com.
Any forward-looking statements made in this press release reflect the Company's current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. For example, the forward-looking statements concerning potential business in the international credit enhancement markets could be affected by demand, competition and regulatory action. The forward looking statements also could be affected by rating agency action such as a ratings downgrade, difficulties with the execution of the business strategy, developments in the world's financial and capital markets, more severe losses or more frequent losses associated with products affecting the adequacy of the company's loss reserve, changes in tax laws, loss of key personnel, changes in accounting policies or practices, and changes in general economic conditions, as well as management's response to these factors, and other risk factors identified in Assured Guaranty Ltd.'s filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made. Assured Guaranty Ltd. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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