– BERMUDA, Hamilton – Assured Guaranty Ltd. (NYSE: AGO) announced the appointment of Mark Batten to its Board as a Non-Executive Director effective on February 19, 2024, bringing the Board to 12 members.
“Mark Batten’s impressive professional background, along with his direct experience as a board member of AGUK, makes him an ideal addition to Assured Guaranty’s Board. I look forward to working with him and learning how we may apply his insights to our global business strategy,” said Board Chair, Francisco Borges.
Mr. Batten will join the Audit, Risk Oversight, and Finance Committees.
Mr. Batten will also continue to serve as the non-executive Chair of the board of directors of Assured Guaranty (UK) Limited, Assured Guaranty’s U.K. insurance subsidiary.
About Mark Batten
For more than 25 years, Mark Batten was a partner at PricewaterhouseCoopers LLP, retiring in 2017. He led several practices during his time at PwC, including Real Estate Restructuring, Insurance Restructuring, and a Corporate Valuations practice. He acted for the UK and Irish Governments about the restructuring of the banks following the Global Financial Crisis, as the Provisional Liquidator of Independent Insurance, one of the largest general insurance failures in the UK, and as a non-executive Director of PwC’s Bermuda-based global insurance captive.
“Assured Guaranty has a strong leadership team committed to disciplined risk management and building shareholder value, with a proven track record of almost four decades,” said Mark Batten. “It has been a rewarding experience serving on AGUK’s board, and I am extremely pleased to take on an additional role at Assured Guaranty.”
Mr. Batten is a non-executive director of other financial services and real estate companies, including Picton Property Income Ltd, which is listed on the London Stock Exchange, and Weatherby’s Bank Ltd, a UK domiciled Private Bank. He also serves as Chair of the Governing Body of Westminster School.
About Assured Guaranty Ltd.
Assured Guaranty Ltd. is a publicly traded (NYSE: AGO), Bermuda-based holding company. Through its subsidiaries, Assured Guaranty provides credit enhancement products to the U.S. and non-U.S. public finance, infrastructure, and structured finance markets. Assured Guaranty also participates in the asset management business through its ownership interest in Sound Point Capital Management LP and certain of its investment management affiliates.
SOURCE: https://assuredguaranty.com/
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