PHOENIX - Mary Francoeur, a managing director at PFM Financial Advisors, has been named chair of the National Federation of Municipal Analysts.

Francoeur replaces Julie Egan, senior vice president and portfolio manager at Community Capital Management, who will remain on the Executive Committee of the NFMA this year in an advisory capacity and will serve as co-chair of the group's Industry Practices Committee.

Francoeur has previously served as treasurer, and chair of the Membership, Finance, Education, Annual Conference, Sponsorship, Communication, and Disclosure committees for the NFMA.

Prior to joining PFM in September 2016, Francoeur was a managing director at bond insurer Assured Guaranty, and earlier worked at FGIC and Moody’s Investor’s Service.

Mary Francoeur
NFMA chair Mary Francoeur

Scott Andreson will serve as vice chair for the NFMA in 2018. Andreson is a senior municipal analyst at American Family Insurance and will serve as co-chair of the Membership Committee. He has previously served as secretary of the NFMA and chaired the Finance, Education, and Annual Conference committees.

Nicole Byrd, senior investment professional at Nationwide Insurance will serve as the group’s treasurer and chair of the Finance Committee for the year. Byrd has chaired the Education Committee, and co-chaired the NFMA’s efforts to update its Recommended Best Practices in Disclosure for States and for Local Governments.

Anne Ross, principal consultant at Muni Credit & Compliance Advisors LLC, will be NFMA secretary and will also serve as the chair of the group's Education Committee.

Established in 1983, the NFMA claims nearly 1,400 members, primarily research analysts, who evaluate credit and other associated risks in the municipal market. These individuals represent mutual funds, insurance companies, broker-dealers, bond insurers, rating agencies, financial advisory firms and other organizations.

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