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Walter Scott became a director of Assured Guaranty Ltd. upon completion of the IPO in April 2004 and was named Chairman of the Board on May 5, 2005.
Mr. Scott was Chairman, President and CEO of ACE Limited (‘‘ACE’’) from March 1991 until his retirement in September 1994 and President and CEO of ACE from September 1989 to March 1991. Subsequent to his retirement, he served as a consultant to ACE until September 1996. Mr. Scott was a director of ACE from September 1989 until May 2005. Prior to joining ACE, Mr. Scott was President and CEO of Primerica’s financial services operations. Mr. Scott is currently Chairman and CEO of Green Mountain Beverage, a Vermont-based hard-cider company. Mr. Scott is a member of the Executive Committee of the Board of Trustees of Lafayette College and a founding trustee of the Bermuda Foundation for Insurance Studies. | 