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We are always interested in speaking to members of the media on news and events affecting the world of corporate credit risk. We look forward to hearing from you.
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For Immediate Release
Moody’s KMV Taps Sunny Chan as Regional Manager for Hong Kong and China
Banking Industry Professional to Focus on Growing Firm’s Business in Region
SAN FRANCISCO, June 24, 2004 - Moody's KMV, the world’s leading provider of quantitative credit risk measurement and management tools to lenders, investors, and corporations, today announced that Sunny Chan, a 20 year veteran of the banking industry in the Asian region, has joined the firm as Director and Regional Manager for Hong Kong and China. Based in Hong Kong, Mr. Chan will be responsible for new business development, marketing and client services.
Prior to joining Moody’s KMV, Mr. Chan was Vice President in the Financial Institutions Group at JPMorgan Chase in Hong Kong with responsibility for the sales and marketing of a comprehensive range of investment banking products and services aimed at financial institutions, government agencies, insurance companies, broker dealers and fund managers. He was also responsible for developing and implementing credit strategies for financial institutions and developing banking and advisory opportunities in China.
“Throughout his career, Sunny Chan has developed a thorough knowledge of the financial services industries in China and Hong Kong, and has become a trusted advisor to many key clients. We are certain that his extensive knowledge and strong relationships in the financial services industry will prove to be an asset to the firm,” said Jan Vasko, Head of the Asia Pacific Region for Moody’s KMV. “We are delighted to have Sunny join our Asia Pacific team where he will play a key role in helping us expand our business in Hong Kong and China.”
Mr. Chan graduated from Zhongshan University in Guangdong, China with a Bachelor of Social Science in Economics. He has been regularly published in academic journals and trade publications, including China Finance.
About Moody’s KMV
Moody’s KMV, a wholly owned subsidiary of Moody's Corporation, is the world’s leading provider of quantitative credit risk analysis tools to lenders, investors, and corporations. Moody’s KMV's tools provide current default probabilities, recovery estimates, valuations and correlations, and are widely used to assess portfolio risk/return. Serving over 2,000 clients in 80 countries, including most of the world's 100 largest financial institutions, Moody’s KMV maintains the largest and cleanest database of corporate defaults in the world. In addition to its San Francisco headquarters, Moody’s KMV has offices around the world to serve its global customer base.
About Moody's Corporation
Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, a leading provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets, and Moody's KMV, the leading provider of market-based quantitative services for banks and investors in credit-sensitive assets serving the world's largest financial institutions. The corporation, which reported revenue of $1.2 billion in 2003, employs approximately 2,300 people worldwide and maintains offices in 18 countries. Further information is available at www.moodys.com.
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