John Hallacy, the former head of Bank of America Merrill Lynch's municipal research who in July left amid a department shakeup, will join Assured Guaranty as a managing director of public finance.

Hallacy will contribute to Assured's weekly municipal publication and develop the company's marketing and business origination efforts, Bill Hogan, senior managing director of public finance at Assured, said in a press release Wednesday. Hallacy, whose new position became effective Monday, will report to Chris Chafizadeh, head of new business origination at Assured.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.