Moody’s Celebrates Women’s History Month
Exploring the links between gender equity, economic performance and credit quality
Live, interactive panel discussion in celebration of Women's History Month, where Moody’s specialists discussed how gender equality in the workplace can transform economies, finance and business.
- How would increasing the share of women in managerial positions boost global productivity and output?
- What progress has been made in increasing the share of women in leadership positions?
- Is there a link between boardroom gender diversity and credit ratings?
- How can sustainable debt markets support gender equity?
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SpeakersAtsi Sheth Managing Director, Chief Credit Officer and Global Head of Credit Strategy & Standards Moody's Ratings
Rebecca Karnovitz Vice President - Senior Credit Officer, ESG Moody’s Investors Service.
Dawn Holland Director – Economic Research Moody's Analytics
Ana Rayes Vice President – Senior Analyst, ESG Moody’s Investors Service
Adriana Cruz Felix Vice President Sustainable Finance, Regional Manager SPOs EMEA Moody’s Ratings
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Atsi Sheth is Managing Director and Global Head, Credit Strategy and Research.
Moody’s Credit Strategy & Research group includes global teams focused on Macroeconomic Research, Default & Ratings Analytics and Global Emerging Markets as well as regional credit strategy teams each focused on Asia-Pacific, the Americas, and EMEA.
Together these teams establish and articulate Moody’s house views on the trends that drive risk across countries, sectors and asset classes. They undertake in depth data driven analysis and leverage the expertise of ratings and research analysts across Moody’s to generate global, regional and sector insights on macro-economic, political, policy, technology and environmental, social and governance (ESG) risks.
In her capacity leading the group, Atsi also serves as a spokesperson on Moody’s analytic views, engaging with investors, the media and a wide range of public and private sector stakeholders.
Atsi is a long-time champion of Moody’s Diversity, Equity & Inclusion (DE&I) as well as our Corporate Social Responsibility (CSR) initiatives. She serves as co-chair of the CSR Thought Leadership & Solutions working group and the Senior Advisor to Moody’s Asian Leadership Initiative - a Multicultural Business Resource Group.
Prior to her current role, Atsi was Moody’s Chief Credit Officer for the Americas and before that Managing Director in Moody’s Sovereign Risk Group. She has also served as Chief Economist at Reliance Capital and taught courses on International Political Economy and Emerging Markets at Columbia University and Northwestern University. Atsi has a PhD from Northwestern University and a B.A. from Bombay University.
Rebecca is a Vice President – Senior Credit Officer in Moody’s Environmental, Social and Governance (ESG) group. Rebecca is responsible for publishing thematic and issuer-specific research on ESG risks relevant to credit analysis. She also serves as a visible subject matter expert to internal and external stakeholders and supports outreach and engagement with market participants.
Prior to joining the ESG team, Rebecca was a member of the Strategy and Research team at MIS, where she led cross-sector research and analytics on the credit implications of key macroeconomic and policy developments in North America. Rebecca first joined Moody’s in 2011 as an associate analyst in the Sovereign Risk Group.
She holds a dual Master’s Degree in International Affairs from Columbia University (SIPA), in New York, and Institut d’Etudes Politiques (Sciences Po), in Paris, as well as a BA in International Relations from the University of Pennsylvania.
Dawn Holland is a director of economic research at Moody’s Analytics, where she focuses on European economies and climate modelling. Her background is in macroeconomic modelling and forecasting, with a focus on fiscal policy and modelling interactions between the macroeconomy, poverty, inequality and the environment. She previous served as chief of global economic monitoring for the United Nations Department of Economic and Social Affairs in New York, and headed the macromodelling work of the National Institute of Economic and Social Research in London. Dawn holds an MSc in Economics from the London School of Economics and a BA in Soviet and East European Studies from Tufts University.
Ana Rayes is a Vice President – Senior Analyst in Moody's Investors Service Environmental, Social and Governance (ESG) group. In this role, Ms. Rayes is a pivotal contributor to the rating agency's strategy to systematically and transparently integrate ESG factors into credit ratings. This includes the development of carbon transition frameworks and assessments, the rollout of the ESG scores, and the publication of ESG credit thematic research, which received three awards in 2020 and 2021. She has broad ESG expertise and serves as a spokesperson at various internal and external events.
Ms. Rayes has more than ten years of experience in the financial sector. Prior to joining Moody's, Ms. Rayes was responsible for the investor relations team at CSN, one of the world's largest steel and mining companies. Ana also held various positions as an Equity Research Analyst.
Ms. Rayes actively engages in Moody's diversity and inclusion initiatives and CSR activities. She holds a Masters degree in Economics from IBMEC Business School and a Certificate in Climate Investing from the CFA Society of the UK.
Adriana is Vice President - Manager for EMEA Sustainable Finance with Moody’s ESG Solutions. In this capacity, she oversees a team of analysts in EMEA, who are in charge of producing Second Party Opinions (SPOs). She is based in France.
Adriana has been involved in the sustainable development sector for over 10 years. Before her current role, she was the Global Head of Sustainable Finance Research at V.E., an affiliate of Moody’s ESG Solutions. In this role she oversaw the overall operations, methodology and management of the SPO team and she was responsible for all the quality reviews of all the SPOs. Prior to that she was an Analyst and was involved in the production of 60+ green, social, sustainable and sustainability-linked Second Party Opinion (SPOs). Her sectors of expertise are energy, green buildings, water services, biodiversity and social projects.
Before joining V.E. in 2017 she worked at the Green Climate Fund and RARE a non-profit environmental organization dedicated to promoting behaviour change for the responsible management of watershed ecosystems and fisheries.
Adriana holds a MA in Environmental Policy from Sciences Po Paris, a BA in International Relations from Tec de Monterrey, Mexico and an expert certification in Climate & Renewable Energy Finance from Frankfurt School – UNEP Collaboration centre. She speaks fluent Spanish, English and French.