Assured Guaranty Corp. appointed Christopher Mortello to managing director of structured finance surveillance overseeing the companys ABS and RMBS portfolios. Mortello, who previously spent over 10 years at Assured underwriting structured finance transactions, has returned to the bond insurer and will now be focusing on portfolio surveillance, remediation and reporting for the structured finance portfolio.
Mortello reports to Andrew Pickering, chief surveillance officer. Most recently, Mortello was head of ABS at PMI Guaranty Co. and was responsible for developing, structuring and analyzing structured finance transactions for financial guaranty insurance, credit default swaps and reinsurance.
