Fitch Solutions, a division of the Fitch Group, appointed Joao Garcia as the managing director for its quantitative analytics group.
Garcia will be responsible for the quantitative financial research of the group and the management and development of its credit based products, which include credit risk, interest rate risk and market risk.
The new hire, who will be based in London, he will report to Thomas Aubrey, who is a managing director at Fitch Solutions in London.
Garcia was previously at Dexia Group, where he spent eight years working in the firm's risk management and treasury divisions in a variety of positions. He was most recently head of credit quant in Treasury and financial markets.
He has a recent book called The Art of Credit Derivatives - Demystifying the Black Swan.
