Moody's Euro MBS Chief Adds New Duties

Moody's Investors Service has appointed the managing director who oversees mortgage-backed securities and other types of structured finance in Europe to a new position.The managing director, Detlef Scholz, will retain his previous responsibilities in addition to taking on the responsibilities of country manager for Germany. Mr. Scholz replaces Dr. Juergen Berblinger, who held the latter position for nine years. Mr. Berblinger has "agreed to remain in his current position for several months to ensure a smooth transition," Moody's reported. Mr. Berblinger is departing because he wishes "to continue his career outside of Moody's," the rating agency said. Moody's can be found online at http://www.moodys.com.