Municipal underwriting veteran Steven Citron was named chief risk officer of start-up bond insurer BondModel Co. yesterday.

Most recently Citron was chief risk officer of MBIA Inc. subsidiary National Public Finance Guarantee Corp. He worked at MBIA for 28 years, including a stint as head of public finance underwriting at MBIA Insurance Co. for 11 years. When MBIA restructured the company and established NPFG early last year, he was named chief risk ­officer.

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