Standard & Poor's Ratings Services has named Simon Jin as president, Greater China.

Based in Beijing, Jin will be responsible for further building the company's business across China, Hong Kong and Taiwan.

Jin has spent the past 23 years at UBS AG, where he held senior positions in fixed income and foreign exchange. Most recently, he was managing director and president of UBS (China) Ltd., where he set up the bank's business locally and managed the expansion of its onshore fixed income and wealth management platforms.

"His extensive experience in capital markets, both locally in China and globally, will be invaluable as we continue to expand our presence and investment in the region," said Matthew Bosrock executive managing director, head of Asia-Pacific.

Jin has an MBA from The Wharton School at the University of Pennsylvania, a master's degree in computer engineering from Penn State University and a bachelor's degree in computer engineering from Tsinghua University.