Caroline Cruise, Board Member

Caroline Cruise is a member of the Board of Directors of the Municipal Securities Rulemaking Board (MSRB) and serves on the Finance Committee, Nominating and Governance Committee and the Stakeholder Engagement Committee. She is a Portfolio Manager at Loews Corporation, where she invests for the municipal portfolio of CNA Financial, a property and casualty insurance company majority-owned by Loews Corporation. Prior to joining Loews in 2007, Cruise was a vice president in the municipal credit group at Merrill Lynch, where she published sell-side research.

Earlier in her career, she was an assistant vice president in the public finance department at Moody’s Investors Service, where she assigned ratings and wrote credit opinions on an array of municipal issuers. Caroline is a member and past president of the Municipal Forum of New York and is a member of the Municipal Analyst Group of New York and the National Federation of Municipal Analysts. She is a recipient of the Austen Koenen Career Achievement Award. 

Caroline has a bachelor’s degree in international relations from Brown University and a master’s degree in international affairs from Columbia University.

Caroline's term with the MSRB Board expires September 30, 2022.