Peggy, 43, joins the firm from Deutsche Bank in Tokyo, where she was a director in credit research covering corporates since 1997. Prior to that she was at Moody's Japan, as a senior credit analyst from 1993 to 1997. Before that she spent from 1984 to 1992 as an equity analyst at Barings Securities Japan.
Kyoko, 43, also joins from Deutsche Bank in Tokyo, where she was a director in credit research since 1996. Prior to that she was at the Japan Credit Rating Agency from 1989 to 1996. Between 1987 and 1989 she was at Hoare Govett Securities UK in London as an equity analyst and before that she was at Chase Manhattan Bank in Tokyo as a credit analyst from 1981 to 1987.
Commenting on the appointments, Francois Freyeisen said, " I am very pleased to welcome these two extremely experienced and talented professionals to the credit research team, this significant step demonstrates the commitment of the firm towards the credit business in Tokyo."