KUALA LUMPUR: Julie Ng has been appointed deputy chief executive officer of RAM Rating Services Bhd and Siew Suet Ming as chief rating officer effective July 1 to take the rating agency to the next level.
It said Ng has over 26 years of experience in credit risk management and data analytics, having held several key positions throughout her career at RAM, most recently heading RAM Ratings’ data analytics and risk consulting divisions.
“She has considerable expertise in corporate and financial analysis, credit risk modelling, Basel advisory, regional bond market research, product development and SME initiatives and has helmed numerous capital market consultancies in the Asean, ” RAM Ratings said.
As deputy CEO, Ng will oversee RAM’s business operations and spearhead the group’s new business growth and diversification.
As for Siew (pic, above), who is formerly RAM Ratings’ technical director, she has more than 20 years of experience managing various rating portfolios.
“She is the architect behind RAM’s default and rating transition studies and leads technical and credit criteria development for RAM Ratings, ” it said.
RAM Ratings said with extensive experience in rating structured transactions, Siew has a wealth of knowledge in evaluating new asset classes, including sukuk ratings – many of which were “firsts” of their kind globally and in the region.
She will also spearhead Islamic finance initiatives for the group.
RAM’s group CEO Chris Lee pointed out while the Covid-19 pandemic has permanently altered the landscape for RAM, “we see a new world of opportunities where we can reinvent and well position our businesses in the new era”.
He said Ng and Siew have more than two decades of credit rating experience and are ready to take RAM to the next level.
“The two senior appointments come at an apt time, placing the group in a position of strength as we embrace technologies and opportunities in growing our businesses, ” Lee said.