Senior Moody's exec to leave after CPDO ratings cover-up revealed

News

The head of structured finance at New York-based credit rating agency Moody's Investors Service is moving on, after the company announced disciplinary proceedings over the mis-rating of European constant proportion debt obligations (CPDOs).

Noel Kirnon will depart at the end of July, Moody's says. He will be replaced by Andrew Kimball as acting head of the structured finance business. Kimball was previously chief credit officer and chairman of the credit policy committee; he will be replaced temp

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