National Public Finance Guarantee Corp. (National), a subsidiary of MBIA, has named William Fallon as interim chief executive officer, the firm announced today. Fallon is currently president and chief operating officer of MBIA . 

The new hire led the global structured finance division at MBIA before becoming president and chief operating officer. He joined the firm in 2005 as a managing director and head of corporate strategic planning. Fallon was previously a partner in the financial institutions group at McKinsey & Co.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.