Chin Gan leaves the helm of Fitch IBCA

It is believed Chin Gan is departing under somewhat acrimonious circumstances, and will vacate the head of Asia Pacific post at the end of the month. FinanceAsia's sources say senior managers at Fitch's headquarters in Paris are unhappy with the company's performance in Asia.

Gan, who spent several years as managing director of DCR prior to the merger, has had the unenviable task of trying to compete with two, much larger rating agencies in a...