Karen Daly is a Senior Managing Director of the Public Finance and Financial Guaranty groups at Kroll Bond Rating Agency, Inc. Karen brings over 25 years of municipal credit research and risk management experience to her role. She was previously Chief Public Finance Underwriting Officer at Municipal Infrastructure Funding, LLC, a de novo municipal bond guarantor. Prior to that, Karen held several positions at Financial Guaranty Insurance Company (FGIC), including Managing Director of the Eastern Region and Senior Risk Manager. Karen started her career in public finance at Moody�s Investors Service as an analyst. She holds an MPP from the University of Michigan and a BA from Queens College.Karen has been a trustee of the Citizens Budget Commission for over 20 years, and served as the Co-Chair on both the Budget Policy Committee and the Debt and Capital Investment Committee. In addition, she has been on the board of the Municipal Forum of New York and was the Association of Financial Guaranty Insurers (AFGI) representative on Governmental Accounting Standards Advisory Council (GASAC).�
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