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Risk Management Expert Joins Board At Westport Library

WESTPORT, Conn. -- Four new members have been elected to the Westport Library Board of Trustees for 2016-17, including town resident Iain Bruce.

Iain Bruce

Iain Bruce

Photo Credit: Contributed

Bruce has more than three decades of experience in financial services risk management and has had a variety of positions with a leading financial guarantee insurer and a major international bank.

He most recently was a senior managing director at Ambac Assurance Corp., responsible for risk management and workout of the mortgage-backed securities insurance portfolio. 

Currently, he is an independent financial consultant in workout and loss mitigation, commercial dispute resolution, credit risk, risk management and litigation management. 

He has had many civic appointments and positions on not-for-profit boards, including the Westport-Weston Family YMCA, the New York Genealogical and Biographical Society, the Energy Performance Contract Task Force in Westport and the Westport Library. 

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