Assured Guaranty announced today that chief operating officer Séan W. McCarthy will be leaving the company at the end of the month to “pursue other opportunities.”

Assured Guaranty’s operating units will report directly to chief executive officer Dominic Frederico. McCarthy has been the bond insurer’s chief operating officer since November 2009. Before that he was chief operating officer of Assured Guaranty Municipal Holdings, which combined with Financial Security Assurance in 2009 under the Assured umbrella.

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