Donald Robertson Associate Managing Director, North American Banks and Securities Firms Moody's Investors Service

Donald Robertson is an Associate Managing Director based in New York who oversees the North American teams covering US-based global investment banks, specialty finance companies and securities firms. 

From 2013-2021, Donald was a lead analyst for global investment banks, securities firms and market infrastructure firms. In this role he had direct responsibility for the ratings of a number of US and European banks, exchange operators, electronic market makers and clearing houses. Donald was the lead author of Moody’s rating methodologies for Securities Industry Market Makers and Securities Industry Service Providers, and played an integral role in their development and implementation. 

Donald joined Moody’s in 2007 as an accounting specialist in Moody’s Enhanced Analytics Group. In this role, he originally focused on various non-financial corporate sectors, publishing research on complex financial reporting topics and helping educate Moody’s analysts on matters of accounting and financial reporting. Donald subsequently transitioned into Moody’s Financial Institutions Group to lead the development of Moody’s cross-sector rating methodology for Financial Statement Adjustments in the Analysis of Financial Institutions and helped develop and implement Moody’s system for capturing, adjusting and analyzing banks’ financial reporting. 

Prior to joining Moody’s, Donald was a Director of Financial Audit at Siemens Corporation, responsible for leading a team conducting IFRS and US GAAP audits in the Americas’ region. Donald started his career at PwC, in the firm’s Glasgow, UK office. In 1998, he transferred to the New York Metro region, and was an audit manager with a client base in the pharmaceutical industry. 

Donald is a CA and CPA (inactive), and holds an undergraduate degree from the University of Glasgow.

David Fanger Senior Vice President, North America Banks and Securities Firms Moody's Investors Service

Mr. Fanger has been with Moody’s since 1995 as a member of Moody’s Financial Institutions Group. In June 2008 he returned to Moody’s Global Banking team after serving as Chief Credit Officer for Moody’s Financial Institutions Group for 2 ½ years.He currently has lead or co lead analytic responsibilities for a number of large universal banks and securities firms headquartered in Europe and the U.S., and also provides guidance and support to other analysts covering similar institutions to help ensure consistency in Moody’s analysis and ratings of these complex firms. Mr. Fanger also continues to support Moody’s Credit Policy function through his participation on a variety of standing committees and special projects.

Mr. Fanger has previously served as Regional Credit Officer for the Americas Banking team and the Finance and Securities team at Moody’s, and has been lead analyst on a wide range of banks, thrifts, and credit card companies on those teams. Prior to joining Moody’s Mr. Fanger worked at the Federal Reserve Bank of New York in Banking Supervision, and also served a brief stint at the Federal Reserve Bank of San Francisco. 

Mr. Fanger has a Masters in Public Policy from Harvard University’s Kennedy School of Government where he concentrated in Business and Government Relations, and a B.A. from Colby College where he majored in Economics and Government.

Joseph Pucella Associate Managing Director, North America Banks and Specialty Finance Moody's Ratings

Joseph Pucella is an Associate Managing Director based in New York who oversees the North American team covering specialty finance companies. From 2007 to 2022, Joseph was a lead analyst for various US financial institutions, including regional and community banks, credit unions, Federal Home Loan Banks, commercial real estate lenders and business development companies. He joined Moody’s in 2004 as an accounting specialist. Prior to joining Moody’s, Joseph held positions at Credit Suisse, Deloitte, and Arthur Andersen. Joseph is a Certified Public Accountant and graduated cum laude from Villanova University with a Bachelor of Science in Accountancy.

Warren Kornfeld Senior Vice President, Banking, Financial Institutions Moody's Ratings

Warren Kornfeld is a Senior Vice President in Moody’s Financial Institutions Group covering mortgage, credit card, student loan banks and finance companies as well as Government Sponsored Enterprises (FHLBanks, Farm Credit, Fannie and Freddie).

Prior to joining the Financial Institutions Group, Warren was a Managing Director for Structured Finance Administration overseeing key strategic initiatives and prior to that Warren co-headed the Residential Mortgage- Backed Securities (RMBS) team as well as headed up the U.S. Servicer Ratings team.

Warren joined Moody’s in 2001. Prior to Moody’s, Warren held senior investment banking positions with William Blair & Co., The Industrial Bank of Japan and Bickford & Partners focusing on a securitizations of a wide range of asset types, including residential mortgages, equipment lease, auto loan and lease, consumer assets and commercial receivables.

Warren holds a B.S. in Finance and Decision Sciences from the Wharton School of the University of Pennsylvania.