Fitch Ratings has announced several management changes in its ABS Group. Managing director Mike Dean will lead the Asset Backed Commercial Paper effort. Also, Claire Mezzanote will take over the Consumer ABS operation. Consumer ABS encompasses two of the ABS Group's highest volume sectors, credit cards and student loans, as well as tobacco and utility tariff securitizations. She also will be involved in the ABS Group's ongoing effort to explore and analyze new asset opportunities. They will report to Kevin Duignan, head of the ABS Group.
Chapman and Cutler LLP announced that attorney Todd Plotner has joined the financial services law firm as a partner from the Chicago office of Sidley Austin. Although he will primarily operate from Chapman's Asset Securitization group, his background will likely support several of the firm's other finance practices. Plotner's work focuses on structured finance, asset securitization, lease finance and commercial finance, including the restructuring of troubled transactions. His client representations have included operating and captive finance companies, domestic, foreign and investment banks, major commercial paper conduits, monoline insurers and other financial institutions.