Ray Tay is the Franchise Leader for Digital Infrastructure and Data Centers in the Asia Pacific region. This role sits across various rating groups and oversees our growing portfolio in this fast-moving infrastructure sector. Ray serves as a single point of contact for our analytical coverage of Data centers and other Digital Infrastructure in this region. Ray is also an Executive Director for Moody’s Project and Infrastructure Finance team for South and Southeast Asia. In this role, based in Singapore, he oversees the ratings team responsible for Moody’s extensive coverage across the project finance and infrastructure sectors, including transport infrastructure, power & utilities, and credit enhanced issuances.

Ray is passionate about topics such as project bonds and the role of funding diversity and credit enhancement in bridging the infrastructure gap, particularly in emerging markets. Before joining Moody’s in 2012, Ray was a Director with the Global Infrastructure & Projects Group in KPMG. Ray has also worked as a Senior Business Analyst with the Singapore Power Group.
Ray holds a Bachelor’s in Economics with honors from the National University of Singapore.