Paul Mazataud has a 13-year experience in structured finance. He started his career as an arranger of asset and mortgage-backed transactions at Compagnie Bancaire (BNP Paribas Group). He then joined Moody's Inverstors Service where he held analytical and managerial positions until he became Group Managing Director in charge of credit derivatives in Europe and structured finance in Asia. In 2009, he turned to the railway industry and joined SNCF Réseau, the French rail infrastructure manager. After holding various positions in the field of infrastructure network development and international cooperation, he is currently SNCF Réseau’s Head of Rail Freight. Paul is also President of RailNetEurope, an organisation responsible for coordinating the capacity and traffic management activities of European rail infrastructure managers. Paul holds an engineering degree from Ecole des Mines de Paris

Fernando has over 25 years of experience in the ratings business having worked at Fitch Ratings as Managing Director and Global Analytical head of the International Public Finance Department and, in the last two years at Fitch, as Global head of the Business Relationship department for the same sector. Fernando was also Chief Executive Officer for the Spanish offices of Fitch Ratings for several years and was instrumental in the company’s expansion in Spain. Since leaving Fitch, he has worked as a Consultant for the Asian Development Bank as an expert in local and regional governments as well as public sector entities. Fernando has written several articles and reports on the international public sector as well as contributed to the topic of public finance in seminars and conferences. He holds a Master of Science degree in Financial Economics from London University and was also a an Associate member of the Chartered Institute of Bankers in the UK (ACIB).