Dietmar Hornung Associate Managing Director, Sovereign Risk Moody's Ratings

Dietmar Hornung, Associate Managing Director, leads the Sovereign Risk Group’s European team, covering the European countries and the European supranationals. Prior to his appointment as team leader, Dietmar was Moody’s lead analyst on a number of European sovereign credits, including Germany, France, Italy, Ireland, Russia, EU, EFSF and ESM.

Before joining Moody’s in 2007, Dietmar was Head of Emerging Market Research for DekaBank in Frankfurt.

Dietmar holds a Doctorate summa cum laude in Economics from Otto-von-Guericke University in Magdeburg. He received a Masters degree from Christian-Albrechts University in Kiel after studies in Kiel, at the University of Miami, and at the Eberhard-Karls University in Tübingen.

Dietmar is a Certified EFFAS Financial Analyst (CEFA).

Aurelien Mali Vice President - Senior Credit Officer, Sovereign Risk Moody's Investors Service

Aurélien Mali is currently Vice President Senior Credit Officer. He acts as the firm’s expert in Africa. His position is a combined lead analyst and analytical outreach/credit ambassador role. As a member of the Sovereign Risk Group since August 2002, he was involved in Moody’s sovereign ratings in Europe and the Middle East at the beginning of his career. Over the last 8 years, he has been at the forefront of Moody’s growing footprint in Africa. He has been sovereign lead or backup analyst for almost all sovereign issuers and multilateral development banks we rate in Africa. Aurelien was relocated to our Dubai office early 2013 from our London office. Aurelien manages a research programme that supports the development of Moody’s reputation for analytical insight and excellence. He also assumes a greater role in participating in regular Moody’s and third-party conferences on the continent, Africa-related investor briefings, and undertaking analytical outreach to inform and explain Moody’s credit judgments. Aurelien also supports other Moody’s franchises using his unique experience and visibility across multiple sectors and asset classes in the region. Finally, he remains the lead/backup sovereign analyst for few countries including Nigeria, Côte d’Ivoire, Ethiopia, the Democratic Republic of the Congo, Angola and South Africa. Aurélien holds a BSc in Economics and a postgraduate degree (DEA) in Money, Finance and Banking from the Panthéon-Sorbonne University in Paris.

Steffen Dyck Senior Vice President, Sovereign Risk Moody's Ratings

Steffen Dyck is a Senior Vice President in Moody’s Sovereign Risk Group.

Based in Frankfurt, he is the lead analyst for a portfolio of European sovereigns and multilateral institutions.

Up until early 2018, Steffen was the lead analyst for number of sovereigns and multilaterals in the Middle East, including Egypt and most of the Gulf Cooperation Council members.

Before relocating to Frankfurt in June 2015, Steffen was based in Moody’s Singapore office, where he covered sovereigns in the Asia-Pacific region as well as in the Middle East.

Prior to joining Moody’s in 2012, Steffen worked for more than six years with Deutsche Bank’s Risk Analysis team in Frankfurt and Singapore, covering macroeconomic and sovereign risk analysis across Asia (ex-Japan), Latin America, and Sub-Saharan Africa. He also helped manage the bank’s sovereign rating processes.

Mickaël Gondrand Analyst, Sovereign Risk Group Moody's Investors Service

Mickaël Gondrand is an Analyst in the Sovereign Risk Group for Moody’s Investors Service, having joined in March 2016. Based in London, he covers a range of African and Middle East sovereigns, including Tunisia, Uganda and Iraq. 

Prior to joining Moody’s Mickaël was a Senior Country Risk Analyst at BMI Research (Fitch), focusing on the Middle East and North Africa. 

Mickaël holds a Master’s in International Political Economy from Sciences Po Paris and a MSc in Management and Strategy from the London School of Economics (LSE).