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S&P creates new regional ratings title

The internal promotion of Yu-Tsung Chang aims to put more focus on the agency's credit ratings business in Asia.

By Yi Tin Chak

September 17, 2007

Standard PoorÆs has named Yu-Tsung Chang executive managing director and head of its ratings services in Asia-Pacific û a new position created to enhance the focus on its ratings business. Chang has been managing director of SPÆs Ratings Services in Japan and Korea since 1999, and later also added Taiwan to his responsibilities.

In his new role, Chang will be in charge of the agencyÆs credit ratings business in Asia-Pacific, including Japan, Korea, India, Greater China, Southeast Asia and Australasia. He will be based in Tokyo and report to Tom Schiller, executive managing director of SPÆs Asia-Pacific region.

ôStandard PoorÆs has built a very strong platform in Asia-Pacific in recent years with leading...

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