Terry has over 25 years of experience in credit ratings and bank credit risk management. As a Managing Director, based in Singapore, he leads Moody’s Public, Project & Infrastructure Finance in Asia Pacific. He assumed his position in February 2015.

In this role, Terry oversees ratings teams in Hong Kong, China, Singapore, Australia, and Japan which are responsible for Moody’s extensive coverage across the public and infrastructure sectors, including transport infrastructure, regulated utilities,power and social infrastructure.

Prior to this role, Terry spent seven years as an Associate Managing Director and head of corporate, project and infrastructure finance ratings for Australasia, based in Sydney. During that period, Moody’s rating coverage for this region grew substantially to more than 100 rated issuers. In the corporate sector, the analytical team monitored ratings in a wide range of non-financial sectors, such as consumer and retail, industrial, mining, oil and gas, and property, while the infrastructure team covered power, transport, utilities and social infrastructure.

Terry was also previously responsible for Moody’s coverage of the oil and gas as well as mining sectors in Asia Pacific.

Before joining Moody’s in 2000, Terry worked for around 12 years in various risk management and credit origination roles at Westpac Institutional Bank in Sydney. His last position at Westpac was Senior Manager, Credit and Divisional Credit Officer, responsible for approving credit exposures to institutional clients.

Jeffrey Lee is the Senior Vice President-Sustainable Finance and Head of Assessments for APAC with Moody’s Ratings. He is based in Singapore. In this role, Jeffrey oversees analytical teams in Hong Kong SAR (HK), Singapore and Tokyo, who are in charge of producing assessments on the credentials of sustainable debt instruments and financing frameworks (Second Party Opinions) and the strength of entities’ carbon transition plans (Net Zero Assessments). Jeffrey also supervises publication of thought leadership research related to sustainable finance market, such as sustainable finance outlooks and thematic reports on transition finance.

Jeffrey regularly participates as a speaker at high profile external conferences, roundtables, and media engagements. He represents Moody’s on various industry working groups and associations, including the International Capital Market Association’s Green and Social Bond Principles advisory council and the Singapore Sustainable Finance Association.

Before his current capacity, Jeffrey was a senior credit rating analyst for the Financial Institutions Group (FIG) at Moody’s Ratings, where he was a lead analyst for assigning credit rating for banks and non-bank financial institutions in the ASEAN and India. Prior to that, he was a regional manager and led a team of associates providing credit rating support for the FIG in APAC. He joined Moody’s in 2013 as an associate covering Korean financial institutions.

Before joining Moody’s Jeffrey worked at Morgan Stanley’s Institutional Equity Division in South Korea, covering a portfolio of Korean clients. Jeffrey holds a BSc in Economics from Korea University.

Boris Kan is a Vice President–Senior Credit Officer with the Project & Infrastructure Finance Group. Based in Hong Kong, Boris covers a portfolio of Chinese utilities and infrastructure companies across a range of sectors.

Before joining Moody’s, Boris was the Head of Regional Utilities & Power Equipment (Asia-ex-Japan) with J.P. Morgan’s Equity Research team, where he spent more than 12 years covering a wide range of power and gas utilities companies in Greater China.

Boris has also worked as a Senior Associate for more than five years — first at PricewaterhouseCoppers and then at Deloitte & Touche Corporate Finance — providing assurance and M&A advisory services to corporate clients in Greater China.

Boris holds an MBA majoring in Finance from Simon Fraser University and is a member of the Hong Kong Institute of Certified Public Accountants.

Ada is the Head of North Asia Project & Infrastructure Finance (PIF) team, based in Hong Kong, managing the PIF team covering Mainland China and Hong Kong. She oversees the ratings of publicly and privately owned utilities, ports, rail transit, toll roads, Chinese local governments and local government financing vehicles (LGFV).

Ada has been with Moody's since 2014 and has extensive experience in infrastructure credit. She has served as the lead analyst for large scale central and local state-owned enterprises and is one of the original authors of Moody's Chinese LGFV methodology.

Before joining Moody's, Ada worked as a Vice President at Deutsche Bank, where she oversaw Greater China corporates and financial institutions. Ada has also worked at Barclays Capital, where she covered Chinese financial institutions and commodity companies.

Ada holds a BBA in Accounting & Finance from The University of Hong Kong. She is also a CFA Charterholder and a certified FRM holder.

Ivy Poon is a Vice President – Senior Credit Officer with Moody’s in Hong Kong. She covers corporate ratings in a portfolio of power and gas utilities companies and conglomerates in Asia Pacific.

Prior to joining Moody’s, Ivy worked for KBC Bank N.V., as a credit assistant manager and a senior marketing officer.

Ivy holds a Bachelor of Commerce from McMaster University and a Postgraduate Diploma in Professional Accounting from the Chinese University of Hong Kong. She is also an affiliate member of CPA.

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.

Ralph Ng is a Vice President and Senior Credit Officer within Moody’s Project and infrastructure Finance Group, based in Hong Kong SAR.  

Ralph covers the infrastructure sectors in China and Hong Kong, with a portfolio spanning state-owned and privately-owned utilities and transportation companies. Ralph also authored a series of publications focused on the port sectors in China and Hong Kong. 

Ralph first joined Moody’s Commercial Group in 2010 and transferred to the project & Infrastructure Finance Group in 2014. Prior to joining Moody’s, Ralph worked in Global Banking Department at HSBC in Hong Kong. 

Ralph holds a Bachelor’s degree in Economics and Finance from The University of hong Kong. He is a CFA charter holder and a certified FRM.

In his role, John is involved in integrating ESG into Moody’s credit rating research and is the point person for Moody’s ESG outreach in the Asia-Pacific region. He is also responsible for publishing thematic and issuer-specific research on ESG risks relevant to credit analysis.

Prior to joining Moody’s, John was CEO of Visiondom ESG, an independent ESG consultancy in China, which helped institutional investors integrate ESG into their investment process. He also worked as an ESG specialist with Fidelity International’s Asia Stewardship and Sustainable Investing team, focusing on the Greater China and Oceania markets for five years. At Fidelity, he was closely involved in promoting ESG best practices in Asia and ESG integration, and had a special focus on corporate governance and carbon trading.

John holds a Bachelor of Science in Economics from Singapore Management University and is a CFA Charterholder.

Sarah is an Assistant Vice President - Analyst with the Project & Infrastructure Finance Group, covering a portfolio of Australian and New Zealand infrastructure companies across sectors including the energy utilities, electricity and gas networks, airports, LNG projects and Private Public Partnership (PPP) projects.

Hiroe Yamamoto is an AVP- Analyst in the Public Infrastructure Finance department. Based in Tokyo, she manages a portfolio of regional/local governments and government-related issuers in Japan.

Hiroe joined Moody’s in 2015 as an Associate Analyst supporting the analysis of Japanese sub-sovereigns and publishing research on the sector. She also covered utilities, auto and other major corporates. Prior to that, Hiroe analyzed Japanese public sector entities at Credit Foncier and Dexia Credit Local in Tokyo.

Hiroe holds a Bachelor’s degree from Sophia University.