NEW YORK, May 21 /PRNewswire/ -- Standard & Poor's, the leading provider
of financial market intelligence, announced today the appointment of Martin
Goldberg as Senior Director in the Quantitative Analytics Research Group and
head of the firm's newly established independent Model Quality Review Group.
Mr. Goldberg will report to Mark Adelson, S&P's Chief Credit Officer.
Prior to joining Standard & Poor's, Mr. Goldberg was head of the Model
Validation Group at Citigroup. At Citigroup, he was responsible for a staff of
quantitative analysts, including 20 PhDs that performed independent validation
of approximately 1,500 complex financial models. Mr. Goldberg's group was also
responsible for validating models prior to use on any trading desks.
"We are committed to improving our analytics and providing the capital
markets with greater transparency into the ratings process," said Deven
Sharma, President at Standard & Poor's. "Martin brings a wealth of
quantitative analytics and risk management experience to Standard & Poor's and
he and his team will play an important role in implementing our analytic
enhancement plans."
Prior to Citigroup, Mr. Goldberg was Vice President, Market Risk
Management at Chase Manhattan Bank, where he led quantitative analytic teams
focused on options, fixed income default, credit derivatives and
mark-to-market loan pricing. He has also held positions at American
International Group, Manufacturers Hanover Trust, Bank of New York and
Metropolitan Life.
"I am excited about joining one of the most respected names in the
financial marketplace and independently verifying Standard & Poor's
quantitative models," said Mr. Goldberg. "I look forward to contributing to
the firm's reputation for top quality analytics."
Mr. Goldberg holds a B.S. in Chemistry from California Institute of
Technology and a PhD from City University of New York. He has spoken at
numerous industry events on market risk, credit derivatives and financial
models.
About Standard & Poor's
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is
the world's foremost provider of financial market intelligence, including
independent credit ratings, indices, risk evaluation, investment research and
data. With approximately 8,500 employees, including wholly owned affiliates,
located in 23 countries and markets, Standard & Poor's is an essential part of
the world's financial infrastructure and has played a leading role for more
than 140 years in providing investors with the independent benchmarks they
need to feel more confident about their investment and financial decisions.
For more information, visit http://www.standardandpoors.com.
SOURCE Standard & Poor's
