Municipal veteran Thomas Weyl will be joining National Public Finance Guarantee Corp., an indirect subsidiary of MBIA Inc. as a managing director and head of new business development, the insurer said a press release. Weyl will begin the new position by year end.
In the role Weyl will be responsible for leading National's marketing and new business generation efforts in the municipal asset class.
"We're pleased to welcome Tom to the company at this critical time as we seek to reestablish National as a leader in the new business marketplace," said Bill Fallon, National's chief executive officer. "We're confident that his background in the financial markets and extensive experience in the public finance sector will help us grow our insured portfolio while maintaining National's pricing and credit standards."
Weyl will be leaving his current role as the Director of Municipal Research at Barclays, where he municipal credit strategy and research efforts. He joined Barclays in 2012 after a 16-year tenure at Eaton Vance Management, where he served as director of municipal research overseeing a staff of 10 analysts.
Weyl has served in prominent industry roles including chairperson of the National Federation of Municipal Analysts, the Investment Company Institute's representative to the Government Accounting Standards Advisory Council ("GASAC") and as a member of the invitation-only Society of Municipal Analysts.
Prior to Eaton Vance, he had municipal market experience in commercial banking, bond insurance, investment banking and portfolio management. Weyl holds a B.S. and an M.B.A. from the University at Albany.
