Fitch announced the appointment of a new Regional Group Head for Asia-Pacific Financial Institutions ratings.
Based in Hong Kong Jonathan Cornish takes on the position as Regional Head for Financial Institutions Ratings in Asia-Pacific (APAC). He will report to Brett Hemsley, Global Head of Analytics at Fitch.
Cornish will oversee Fitch's ratings and research for the Financial Institutions Group in the region, managing a team of over 40 analysts across 11 offices, the firm said in a statement.
Prior to this new role Cornish was Head of North Asia Financial Institutions with Fitch, responsible for all FI ratings in China, Hong Kong, Japan, South Korea, Taiwan and Mongolia.
He succeeds Mark Young, who has led the growth of the region's Financial Institutions rating franchise since 2011, and who is returning to Fitch's London headquarters.
