Bruce E. Stern
Bruce Stern has been Executive Officer of Assured Guaranty Corp. and Assured Guaranty Municipal Corp. since July 2009. Mr. Stern was General Counsel, Managing Director, Secretary and Executive Management Committee member of Assured Guaranty Municipal Corp. from 1987 until July 2009.
Mr. Stern works with regulators, legislative bodies and other governmental agencies to develop appropriate policies relating to the financial guaranty industry. He is also responsible for other corporate matters, including Assured Guaranty’s corporate organization and transaction workouts, and is a member of Assured Guaranty’s Management Committee.
In 1989, Mr. Stern played an important role in negotiating the provisions of the insurance law enacted in the State of New York establishing financial guaranty insurance as a separate line of insurance.
Mr. Stern came to Assured Guaranty Municipal Corp. from the New York law firm of Cravath, Swaine & Moore, where he advised Assured Guaranty Municipal Corp.'s institutional investors in connection with the initial capitalization of Assured Guaranty Municipal Corp. At Cravath, he had extensive experience in project and lease financings, securitized real estate financings, public offerings, private placements, M&A transactions and commercial banking transactions.
A graduate of Harvard College and Harvard Law School, Mr. Stern is chairman of the Association of Financial Guaranty Insurers (AFGI).