Yen leaves Moody's for Lehman

Lehman appoints Yen in an effort to further strengthen its Asian investment banking franchise.
Lehman Brothers has appointed Dr Wei Yen as managing director and head of ratings advisory for Asia.

Yen's reporting lines will include Charles Alexander, LehmanÆs head of Asia corporate finance, and John Niebuhr, global head of ratings advisory in New York.

As head of ratings advisory for Asia, Yen will be responsible for advising Lehman BrothersÆ clients in all aspects of their rating agency relationships, as well as providing general corporate finance advice. He will be based in Hong Kong.

YenÆs appointment continues Lehman Brothers efforts to strengthen and expand its
investment banking teams across the region, especially in global and Corporate finance.

Recently, Lehman recently hired Juhi Prasad as senior vice president, head of leveraged finance for Asia; Hiroshi Wakutsu as head of global finance in Japan; and Terence Lim as head of global finance solutions for Asia.

Prior to joining Lehman Brothers, Yen was a managing director of the financial institutions group (FIG) at MoodyÆs where he led a team of 30 analysts and managed more than 260 ratings relationships.

Before that Yen worked in the chemical industry in the US and has 16 years of experience in the financial sector in both New York and Hong Kong.
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