Fitch Ratings Appoints Jeff Horvath as Chief Compliance Officer

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings is pleased to announce the appointment of Jeff Horvath as Chief Compliance Officer, effective Nov. 2, 2015. Mr. Horvath will report to John Olert, Chief Risk Officer, Fitch Group. Mr. Horvath will be responsible for developing global compliance strategy and directing and monitoring Fitch's overall compliance program.

'Risk management and compliance are critical to the integrity of our ratings, and I am confident that Jeff will strengthen our already robust culture of compliance,' said Paul Taylor, President and CEO of Fitch Group. 'Jeff's deep expertise in financial services compliance and his familiarity with regulators around the globe will add tremendous value to our risk management processes.'

'Fitch is clearly committed to implementing strong compliance and risk management programs, which are essential to business success in this time of heightened expectations by investors and regulators,' said Mr. Horvath. 'I'm excited to help Fitch continue and further enhance these efforts.'

Mr. Horvath joins Fitch from Deutsche Bank, where he spent 14 years in a variety of senior compliance roles in the United States and Europe. Prior to Deutsche Bank, Mr. Horvath practiced securities and regulatory law with several law firms based in New York City. Mr. Horvath earned a JD degree from Fordham University School of Law and a BS in Finance (with a minor in International Relations) from Lehigh University.

Additional information is available at www.fitchratings.com.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

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Fitch Ratings
John Olert
Group Chief Risk Officer, Fitch Group
+1-212-908-0663
33 Whitehall Street, New York, NY, 10004
or
Media Relations:
Hannah James, +1 646-582-4947
[email protected]

Source: Fitch Ratings

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