But Conning's latest State of the States report finds greater divergence as post-pandemic momentum fades and structural regional differences deepen.
Karel
Citroen
Karel Citroen
Karel Citroen is a managing director of municipal research at Conning and currently serves on the Governmental Accounting Standards Advisory Council (GASAC), where he represents the insurance investment community.
Prior to joining Conning in 2015, he was in municipal portfolio surveillance with MBIA and previously was a banking and securities lawyer for financial institutions in the Netherlands.
Citroen earned a law degree from the University of Amsterdam, an MBA from Yale University, and an LL.M. in governance, compliance and risk management from the University of Connecticut. He is a member of the National Federation of Municipal Analysts.
