Chin Gan leaves the helm of Fitch IBCA

A top level shake-up takes place, as the rating agency struggles to compete with the two incumbents, Standard & Poor''s and Moody''s.
July 20, 2001
Just a year after the merger between Fitch IBCA and Duff & Phelps Credit  Rating Co (DCR), the man at the helm of the rating agency in Asia is to leave.

It is believed Chin Gan is departing under somewhat acrimonious circumstances, and will vacate the head of Asia Pacific post at the end of the month. FinanceAsia's sources say senior managers at Fitch's headquarters in Paris are unhappy with the company's performance in Asia.

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