Bermudian-based bond insurer Assured Guaranty Ltd has appointed Mark Batten as a non-executive director.

The company said Mr Batten will serve on the board’s audit, risk oversight and finance committees.

His appointment takes the total number of board members to 12.

The company said Mr Batten will also continue to serve as the non-executive chairman of the board of directors of Assured Guaranty (UK) Limited, Assured Guaranty’s UK insurance subsidiary.

Mr Batten was a partner at PricewaterhouseCoopers LLP for more than 25 years, retiring in 2017. He led a number of practices during his time at PwC, including real estate restructuring, insurance restructuring and a corporate valuations practice.

He acted for the UK and Irish Governments in relation to the restructuring of the banks following the global financial crisis, as the provisional liquidator of Independent Insurance, one of the largest general insurance failures in the UK, and as a non-executive director of PwC’s Bermudian-based global insurance captive.

Mr Batten said: “Assured Guaranty has a strong leadership team committed to disciplined risk management and building shareholder value, with a proven track record of almost four decades.

“It has been a rewarding experience serving on AGUK’s board, and I am extremely pleased to take on an additional role at Assured Guaranty.”