Fitch Appoints David Weinfurter Global Head of Financial Institutions

Fitch Ratings announced that David Weinfurter has been appointed Global Head of Financial Institutions, effective immediately.

David succeeds Charles Prescott, who retired from Fitch at year- end 2013.

Weinfurter will manage Fitch's analytical teams covering global bank and non-bank financial institutions, insurance, and fund and asset managers. He is based in London and reports to Ian Linnell, Global Analytical Head, Fitch Ratings.

'Leveraging Fitch's analytical talent across all segments of financial institutions is critical as the industry becomes more integrated,' said Linnell. 'David brings a strong understanding of the analytical and research processes that will enable Fitch to continue to add value in the marketplace.'

Previously David was the firm's global head for bank and non- bank financial institutions for Fitch. Prior to that position, David headed global strategy and corporate development and was also its global head for corporate communications.

Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence.

Additional information is available at fitchratings.com.

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