Mr. Fallon became Chief Executive Officer of the Company on September 15, 2017 and he was elected to the Board of Directors in May 2017. Mr. Fallon is also the Chief Executive Officer of National Public Finance Guarantee Corporation. Previously, Mr. Fallon was responsible for overseeing the day-to-day operations of MBIA Inc. and its subsidiaries. He joined the Company in 2005 as a Managing Director and head of Corporate and Strategic Planning. Prior to joining MBIA, Mr. Fallon was a partner at McKinsey & Company, having joined the firm in 1991. At McKinsey, Mr. Fallon specialized in consulting with financial institutions and was co-leader of the firm's Corporate Finance and Strategy practice and a key member of the North American Wholesale Financial Institutions and Risk Management practices. He also worked extensively with financial institutions in the areas of value-based management, valuation, mergers and acquisitions, securitization and risk management. Age 57.
Anthony McKiernan Executive Vice President & Chief Financial Officer
Mr. McKiernan is Executive Vice President and Chief Financial Officer of MBIA Inc. He is responsible for the Company's accounting, tax, treasury, investor and media relations functions, financial planning, reinsurance, and banking and liquidity management. He also oversees the company's relationships with the ratings agencies. Mr. McKiernan is also President and Chief Financial Officer of the Company’s subsidiary, MBIA Insurance Corporation. Mr. McKiernan joined MBIA in 2000 as a Vice President in the Credit Analytics Group, and managed the Corporate Insured Portfolio Management Group prior to becoming the Head of the Structured Finance Insured Portfolio Management Group in 2007. He served as Chief Portfolio Officer of MBIA Inc. from August 2011 until March 2016 and was appointed Executive Vice President in May 2012.
Before working at MBIA, Mr. McKiernan was with Fleet Financial Group where he began his career as a Credit Analyst/ Lender in asset-based lending.
Mr. McKiernan is a graduate of Fairfield University.