Bermudian-based Assured Guaranty Ltd has hired Melissa Gribble to expand its reach within the Australian market.

The Australian, who has decades of experience in global financial markets, is based in Sydney and reports to UK-based managing director and joint head of Origination Suparna Dar.

Ms Gribble will have responsibility for Assured Guaranty’s origination activities in the Australian market, where the company’s financial guarantees have helped provide financing for the Port of Brisbane, Sydney Airport and other projects over the years.

The company said she would focus on sourcing new opportunities for Assured Guaranty’s financial guarantee business in the infrastructure, utilities and structured finance markets.

Ms Gribble said: “With its nearly 40-year track record of reliability and financial strength, Assured Guaranty has significant untapped potential in the Australian financial markets.

“Our financial guarantees protect investors and can improve the cost-efficiency of many kinds of financings. I look forward to bringing Assured Guaranty’s impressive story to my industry colleagues in my home market.”