S&P reorganizes

S&P looks to centralize its management, reacting to the fast growth of its non titional businesses.

Standard Poor's SP yesterday announced a wide-ranging reorganization of its businesses in Asia. The move will see the firm integrate and centralize its management, business development, administration and sales disciplines across all its products and services.

Tom Schiller has been promoted to be the new head of Asia Pacific from his previous role of running Japan and Korea. Under his guidance, the team will seek to leverage the full range of SP's services spanning credit ratings, equity research, index services, risk solutions and fund analysis.

Reporting to Schiller will be three regional managers. Surinder Kapthalia will be based in Singapore running Southeast Asia. Yu-Tsung Chang...

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