Aditi Nayar Chief Economist, Head - Research & Outreach ICRA Limited

Aditi Nayar is ICRA’s Chief Economist and Head - Research & Outreach. She leads Indian economic, state finances as well as cross-sectoral research at ICRA Ltd. Her focus areas include macroeconomic analysis and forecasting, policy assessment as well as fiscal analysis and debt sustainability at the sovereign and sub-sovereign level. She has been a part of several credit rating exercises for sub-sovereign debt in India, including debt raised by state governments, state-owned entities spanning sectors such as irrigation, power, industrial and infrastructure development, pooled finance entities raising funds for urban infrastructure, as well as urban local bodies.

Aditi has an overall work experience of 17 years, out of which 15 years have been with ICRA. Previously she has had a stint with the World Bank as a research analyst where her focus was on fiscal and macroeconomic issues. Aditi has been named as one of the top forecasters of India by Bloomberg in the past.

Aditi has an M.Phil. degree in Economics from the University of Oxford and a Bachelor's degree in Economics and Psychology from Indiana University, Bloomington.

Gene Fang Associate Managing Director, Sovereign Risk Moody's Ratings

Gene Fang is an Associate Managing Director in the Sovereign and sub-sovereign Ratings Group in Asia. Based in Singapore, he manages the teams responsible for sovereign credit ratings in the Asia Pacific region and credit research on Chinese regional- and local governments. 

Before joining Moody’s, Gene worked as an investment banker, covering financial institutions for J.P. Morgan and Citigroup in Hong Kong and Singapore. In this role, he managed client relationships across Asia and advised on debt, equity, and M&A transactions. Gene graduated from Columbia University in political science. He also holds an MBA from Harvard Business School and a Master in Public Policy from Harvard University’s Kennedy School of Government.

Christian de Guzman Senior Vice President - Manager, Sovereign and Sub-Sovereign Risk Moody's Ratings

Christian de Guzman is a Senior Vice President with Moody’s Sovereign and Sub-Sovereign Risk Group. Based in Singapore, he covers a portfolio of sovereigns and multilateral development banks in Asia Pacific, including Japan, India and a number of Southeast Asian credits, while also managing the team responsible for sub-sovereign ratings in Asia ex-China.

Christian joined Moody’s in 2009, after working as a Senior Economist for the Monetary Authority of Singapore, covering ASEAN economies. He has also held various positions with the Research Department at the International Monetary Fund in Washington DC, and Procter & Gamble in Singapore.

Christian was a Phi Beta Kappa graduate in Economics and Political Science at the University of Georgia and received his M.A. in International Economics and Southeast Asian Studies from the Johns Hopkins University School of Advanced International Studies.

Kaustubh Chaubal Senior Vice President, Corporate Finance Moody's Ratings

Kaustubh Chaubal is a Senior Vice President with Moody’s Corporate Finance Group. Based in Singapore, he covers a portfolio of Indian and India-based issuers in the metals and mining (ferrous and non-ferrous), automobile, chemicals and pharmaceuticals industries.

Prior to joining Moody’s in 2015, Kaustubh spent eight years as a Ratings Advisor with Standard Chartered Bank in Singapore, the last two of which was as Head of ASEAN Ratings Advisory, while also covering issuers in the Middle East and Africa.

Kaustubh has also worked as a Senior Analyst at Standard & Poor’s India-based subsidiary, CRISIL, covering a broad array of industries including pharmaceuticals, building materials, chemicals, and investment holding companies. And, he has previously held analytical roles at ING Vysya Bank and Unit Trust of India Investment Advisory Services, as well as auditing roles at RM Ajgaonkar & Company and RD Samant & Company.

Kaustubh holds an MBA from The University of Chicago Booth School of Business and a Bachelor of Commerce from Mumbai University. He is also a Chartered Accountant with the Institute of Chartered Accountants of India.

Nicky Dang Senior Vice President, Credit Strategy and Research Group Moody's Ratings

Jingjing (Nicky) Dang is a Senior Vice President in Moody’s Credit Strategy and Research Group. Based in Shanghai, Nicky is responsible for covering a portfolio of China’s regional and local governments and market outreach on enhancing the transparency of relevant methodologies. She also focuses on China credit-related research and market outreach, and drives and coordinates research and credit-related initiatives covering major regional credit events. 

Nicky joined Moody’s New York office in February 2007 as an Associate Analyst. She was the lead analyst on various Asset-Backed Securities (ABS) and Residential Mortgage-Backed Securities (RMBS) transactions in the Structured Finance Group. Prior to joining Moody’s Shanghai in February 2023, Nicky was an Associate Managing Director and the head of the Consumer ABS New Ratings Americas team, which covers credit card, auto, student loan, personal loan, timeshares and other consumer related ABS sectors. 

Nicky holds a Master’s Degree in Economics from New York University and a BA in Economics from Beijing Technology and Business University. She is also a CFA charterholder.

Abhishek Tyagi Vice President – Senior Credit Officer, Project & Infrastructure Finance Moody's Ratings

Abhishek Tyagi is a Vice President – Senior Credit Officer with Moody’s Project and Infrastructure Finance Group, based in Singapore. He covers companies in the port, airport and utility sectors in India and Southeast Asia.

Prior to joining Moody’s, Abhishek worked for eight years as an equity analyst with CLSA in Mumbai, covering Indian utilities and infrastructure companies. Previous positions also included an investment analyst at B&K Securities in Mumbai and a supply chain analyst with Tata Steel in Jamshedpur. 

Abhishek holds an MBA from the Xavier Institute of Management, Bhubaneshwar and a Bachelor of Technology (Metallurgy and Material Science) from the Indian Institute of Technology (IIT) Roorkee.

Amit Pandey Vice President - Senior Analyst, Financial Institutions Group Moody’s Ratings

Amit Pandey joined Moody’s APAC FIG in Singapore in 2023. He covers a rating portfolio of banks in Asia-Pacific, in particular the South and Southeast Asian region.

Previously, Amit was with S&P Global Ratings for over 10 years in Singapore covering a portfolio of ASEAN and South Asian financial institutions. Prior to that, he served in the debt capital market team of HSBC India and the credit department of Axis Bank in Mumbai. 

Amit has extensive credit experience in providing rating and capital advisory services to issuers across the Asia-Pacific region, as well as debt origination and management services of credit portfolios.

Amit has a Bachelor’s degree in Electrical Engineering from Harcourt Butler Technological Institute, Kanpur, and an MBA from the Indian Institute of Management, Calcutta.

Sweta Patodia Assistant Vice President – Analyst, Corporate Finance Moody's Ratings

Sweta Patodia is an Assistant Vice President – Analyst in the Moody’s Corporate Finance Group. Based in Singapore, Sweta covers a diversified portfolio of Indian corporates across the oil and gas, technology start-ups and IT sectors.

Sweta joined Moody’s in 2014 as an Associate Analyst. Prior to joining Moody’s, Sweta worked as a Credit Analyst for over three years at HSBC in India.

Sweta is a Chartered Accountant, Company Secretary and a CFA charter holder.