Dagong Global Credit Rating

Chair (Chairman Guan Jianzhong): Angelo Piro

Director (Deputy Chairman Stanca): Martin Hendela

Crisis Officer: Evan Najimian

Topics:
1) Quarter 2 (April to June 2013) – Credit Rating Report
2) The Universal Credit Rating Group

Committee Documents
- Background Guide -

Description:
Dagong Global Rating Agency’s objective is to simultaneously reform the international credit rating system and become a global influential credit rating agency in a short time. The Chinese credit rater was the first to downgrade the United States credit rating from AA to A+ with negative outlook in 2011 because of weak fiscal policy. However, established Standard and Poor, Moody’s and Fitch simply disregarded Dagong’s rating. Nonetheless, Dagong’s approach has sparked debate providing an opportunity to increase their credentials.

Members:

Chinese Division

Credit Rating Officer – East China
Credit Rating Officer – North China
Credit Rating Officer – Northeast China
Credit Rating Officer – Northwest China
Credit Rating Officer – South China
Credit Rating Officer – West China

European Division

Credit Rating Officer – Eastern Europe
Credit Rating Officer – Northern Europe
Credit Rating Officer – Southern Europe
Credit Rating Officer – Western Europe

Asian Division

Credit Rating Officer – Central Asia
Credit Rating Officer – East Asia
Credit Rating Officer – Northern Asia
Credit Rating Officer – South Asia
Credit Rating Officer – Southeast Asia

Research Division

Li Yang, President of Dagong Credit Management School (Observer)
Zhang Jiaxing, President of Tianjin University of Finance and Economics (Observer)