NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce Senior Managing Director Karen Daly has been awarded the Women in Public Finance (WPF) Founders' Lifetime Achievement Award. Karen is the head of the Public Finance and Financial Guaranty groups at KBRA and has over 25 years of municipal credit research and risk management experience. She will receive the lifetime award that honors a woman who has consistently demonstrated skill, drive, integrity, and vision on October 4th in conjunction with the 22nd Annual WPF conference in Boston.

Karen has been a trustee of the Citizens Budget Commission for over 20 years. 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).

“We are delighted that Karen is being honored with such a prestigious award given her dedication and impressive service in the public finance and financial guaranty sectors throughout her career. Her expertise and integrity allow her to continue to be recognized in the market as a thought leader,” said Jim Nadler, President and Chief Executive Officer.

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About KBRA and KBRA Europe

KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus, is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.