Fitch Ratings Announces New Management in its Santiago Office.Business Editors CHICAGO--(BUSINESS WIRE)--Nov. 19, 2003 Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. today announces the appointment of Alejandro Bertuol as managing director of Fitch Chile Clasificadora de Riesgo Limitada, Santiago, Chile Santiago, officially Santiago de Chile (Spanish: (helpinfo)), is the capital of Chile, and the center of its largest conurbation (Greater Santiago). . Bertuol will replace Hernan Cheyre as managing director of the Santiago office. Cheyre, who is leaving to pursue other business interests, will continue to work with Fitch Ratings in an advisory capacity. Bertuol's new role will become effective January 2004. From January through March 2004, Cheyre and Bertuol will be working closely during the transition period. Jorge Gonzalez, current manager of Fitch Holding, will also serve as president of Fitch Chile's board of directors. 'We appreciate all of Hernan's contributions in the development of Fitch's ratings business in Chile, especially with regards to the quality of research and ratings', said William Hayes William Hayes may refer to:
Cheyre added, 'Alejandro will be an asset to the Santiago office in his new role. His appointment underscores Fitch's commitment to strengthen the rating process in Chile by increasing the cross-border integration of analysts and regional offices. These efforts will further strengthen Fitch's ability to meet the growing requirements of Chile's capital market.' Alejandro Bertuol currently heads the Latin American energy team and is based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Prior to the merger with Fitch in 2000, Bertuol was a vice president for Duff & Phelps Credit Rating Co. (DCR DCR Department of Conservation and Recreation DCR Decrease DCR Digital Cable Ready (television) DCR Dark Crisis (Yu-Gi-Oh! cards) DCR Debt Coverage Ratio DCR Dacryocystorhinostomy ). Before joining DCR in 1998, he worked as a vice president in The Fuji Bank's Credit Division for the Americas and served as general coordinator of privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned projects at the Fondo de Inversiones de Venezuela. Bertuol earned a BSFS BSFS abbr. Bachelor of Science in Foreign Service in international economics, finance and commerce from Georgetown University and an MA in international political economy from the University of Chicago. Fitch Ratings offers the most comprehensive coverage in the Latin American region. With 100 analysts based in 11 cities, Fitch Ratings provides ratings and research on more than 1,000 credits regionwide. |
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