Moody’s Welcomes Appointment of Richard Cantor to APEC Business Advisory Council
November 18 2015 - 8:00PM
Business Wire
Moody’s Corporation (NYSE:MCO) is pleased to announce that Dr.
Richard Cantor, Chief Risk Officer of Moody’s Corporation and Chief
Credit Officer for Moody’s Investors Service, has been named to the
APEC (Asia-Pacific Economic Cooperation) Business Advisory Council.
Dr. Cantor will be one of the three US business community members
on the Council and will begin his term in 2016.
“I am honored to have been appointed to APEC’s Business Advisory
Council, and I look forward to working alongside distinguished
colleagues to help promote healthy and vibrant growth across the
APEC economies,” said Dr. Cantor. “As a leading financial services
company with a deep understanding of capital markets, Moody’s will
engage through the Council on the wide spectrum of issues relevant
to the further development of capital markets in the region.”
Dr. Cantor will serve with counterparts from twenty other
economies to advise APEC leaders on issues affecting the
Asia-Pacific region. The APEC Business Advisory Council (ABAC),
created by APEC Leaders in 1995, consists of three business
representatives from each APEC economy chosen by their respective
heads of state. ABAC meets quarterly to discuss policy
recommendations, undertake activities to promote trade and
investment, and reports directly to the APEC Leaders at an annual
dialogue each fall.
As Chief Risk Officer, Dr. Cantor leads Moody’s Corporation’s
global risk management function. He also leads the Credit Policy
Group of Moody’s Investors Service, which provides oversight for
credit ratings methodologies worldwide.
Prior to joining Moody’s in 1997, Dr. Cantor held a variety of
positions at the Federal Reserve Bank of New York, including in the
Capital Markets Group and the Discount Window, and was an adjunct
professor at New York University’s and Columbia University’s
business schools. He has also taught Economics at UCLA and Ohio
State Universities. He holds BA degrees in English and Economics
from Tufts University and a PhD in Economics from Johns Hopkins
University.
About Moody’s
Moody's is an essential component of the global capital markets,
providing credit ratings, research, tools and analysis that
contribute to transparent and integrated financial markets. Moody’s
Corporation (NYSE:MCO) is the parent company of Moody's Investors
Service, which provides credit ratings and research covering debt
instruments and securities, and Moody's Analytics, which offers
leading-edge software, advisory services and research for credit
and economic analysis and financial risk management. The
corporation, which reported revenue of $3.3 billion in 2014,
employs approximately 10,200 people worldwide and maintains a
presence in 35 countries. Further information is available
at www.moodys.com.
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Moody’s Corporation:Michael Adler, 212-553-4667Senior Vice
PresidentCorporate Communicationsmichael.adler@moodys.comorSalli
Schwartz, 212-553-4862Global Head of Investor
Relationssallilyn.schwartz@moodys.com
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