Moody's Investors Serviceteam managing director and co-head of the term asset-backed securities team Kumar Kanthan has decided to relinquish his position for personal reasons. Kanthan will be working part time for the rating agency to become a senior vice president in the asset finance group focusing on this group's programs such as its enhanced publication efforts and initiatives related to enhancing methodologies and analytical tools. After transitioning his current responsibilities, Kanthan will "fulfill his desire to carve out some more time to pursue his personal interests outside of work," according to an internal memo.
Kanthan joined Moody's as a senior analyst on the ABS team in October 1996. Throughout his stay at the rating agency, he has focused on analyzing retail prime and subprime auto loans and leases, wholesale auto dealer floorplan loans, and RMBS deals backed by Jumbo A-quality mortgage pools. For a number of years, Kathan was the team leader for the auto ABS sector and was mostly responsible for overseeing the team's analytics and for training new hires. Kumar was promoted to a team managing director position in April 2005. He became co-head of the ABS team focusing on the autos, equipment leases, small business and franchise loans.