Regional Deep Dive: What’s new in EM Finance
Virtual edition
What’s new in EM Finance: Islamic Finance, Structured Finance & Sustainable Bonds
- How is growing demand for sustainable finance driving new innovations in emerging markets?
- How will these segments support emerging markets’ growth in the post-pandemic world?
- Current credit performance and what impact will the shockwaves from the Russia-Ukraine war have on these segments?
-
SpeakersThaddeus Best Assistant Vice President-Research Analyst, Credit Strategy & Research Moody's Investors Service
Nitish Bhojnagarwala Executive Director, Financial Institutions Moody's Ratings
Daniela Chun Jayesuria Executive Director, Fixed Income Division Morgan Stanley
Jerome Cheng Associate Managing Director, Structured Finance Moody's Ratings
Rahul Ghosh Managing Director, Global Sustainable Finance & Emerging Markets Moody’s Ratings
Confirm cancellation
Something went wrong.
An error occurred trying to play the stream. Please reload the page and try again.
CloseMoody's Events
close
Thaddeus Best is an Analyst in the Sovereign Risk Group for Moody’s Investors Service, with responsibilities for the United Arab Emirates and Kuwait. His coverage also includes regional Multilateral Development Banks (MDBs).
Thaddeus joined Moody’s in early 2016 as an Associate Analyst in the Sovereign Risk Group in the UK, working on a portfolio of sub-Saharan African and Middle East countries including Nigeria and Saudi Arabia. Prior to joining Moody’s Thaddeus was the EMEA Economist for BMI (Fitch), following four years as a Senior Country Risk Analyst focusing on Europe. Thaddeus completed his Bachelor of Science (Hons.) majoring in Politics and International Relations at the University of Manchester in 2010.
Nitish Bhojnagarwala is an Executive Director with Moody’s Financial Institutions Group. Based in Dubai, Nitish covers a portfolio of large conventional as well as Islamic financial institutions in the Middle East, Africa and Turkey.
Nitish joined Moody’s in 2011, and has led sukuk roundtables and conducted workshops on Banking and Islamic finance at various conferences in the Middle East, Europe and Asia. Nitish has also authored several research pieces, with a focus on regional banking, credit issues and issuer-in-depths for conventional as well as Islamic banks.
Prior to joining Moody’s, Nitish spent five years at Tamweel in the Treasury function. He has also worked for KPMG in the UAE, where he covered financial institutions. Nitish holds an MBA from S P Jain Institute of Management & Research, with a major in Finance (Investment Banking).
Jerome Cheng has worked at Moody’s for more than 20 years. Based in Hong Kong, Jerome is an Associate Managing Director in the Structured Finance Group.
Jerome is responsible for covered bonds and structured finance transactions in Asia(ex-Japan). His analysis of structured finance deals includes CDOs, CMBS, RMBS, consumer loans and equipment leases. He has worked on a number of first-time landmark securitization transactions across Asia.
Jerome holds a Bachelor of Arts degree from The University of Hong Kong, and Bachelor of Law degree from Manchester Metropolitan University.
Rahul Ghosh is Managing Director and Global Head of Sustainable Finance & Emerging Markets at Moody's Ratings. In this role, Rahul is responsible for Moody's Ratings' strategy to systematically integrate material sustainability and climate considerations into credit ratings. He also leads analytical teams that produce assessments on the credentials of sustainable debt (Second Party Opinions) and the strength of companies' carbon transition plans (Net Zero Assessments), as well as the credit rating agency’s thought leadership and market engagement on global emerging market credit.
Rahul regularly takes part in high-profile industry working groups, market briefings, external conferences and media engagements. He represents Moody's as a member of the Taskforce on Nature-related Financial Disclosures and the Transition Finance Council. He also represents Moody's on the Principles for Responsible Investment's advisory committee on credit ratings and the International Capital Market Association's Green and Social Bond Principles advisory council. He has presented on the impact of climate change on global credit markets at the 2025 and 2021 United Nations Climate Change Conferences in Belém (COP30) and Glasgow (COP26), and on sustainable finance trends at the International Finance Corporation's Global Debt Mobilization Conference.
Before his current position, Rahul previously worked in Moody's Credit Strategy & Research team where he was responsible for regional credit oversight and though leadership. Prior to joining Moody's in 2013, Rahul was the Head of Asia at BMI Research (Fitch Solutions) in Singapore, leading a team of macroeconomists and industry specialists in analysing sovereign risk, sector performance and capital markets.
Rahul is the executive sponsor of Moody's UK Multicultural Business Resource Group. He holds a master's degree in economics from the University of Edinburgh and a Certificate in ESG Investing from the CFA Society of the UK.