AM Best's Leadership Changes: Key Appointments Announced
AM Best Announces New Leadership Appointments
AM Best, a leading global credit rating agency, is excited to share the recent appointments of Kenneth J. Johnson as the senior managing director and chief ratings officer. This strategic move emphasizes AM Best's commitment to maintaining robust ratings coverage on a global scale.
Kenneth Johnson: A Wealth of Experience
Johnson, who brings over 30 years of expertise in the insurance and credit analysis fields, will be instrumental in steering AM Best's ratings strategy. His extensive background includes important roles at HSBC Securities and J.P. Morgan/Chase Manhattan Bank, where he managed various aspects related to the insurance sector.
Since joining AM Best in 2009, Johnson's leadership within the ratings division has grown significantly. His track record includes co-founding the Investment Working Group and Hybrid Evaluation Groups, showcasing his forward-thinking approach. Johnson's credentials are impressive, with formal credit training from Chase Manhattan's MBA Credit Training Program and several industry-recognized designations, including Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM).
Stefan Holzberger: Enhancing Operations
Stefan Holzberger, a dedicated team member since 2001, is stepping into the role of chief operating officer. His previous experience as chief ratings officer equips him well for overseeing AM Best's global ratings operations, data management, and innovation in methodologies.
With a solid foundation in finance, Holzberger's qualifications include the Chartered Financial Consultant (CFC) designation and Certified Public Accountant (CPA) credentials. His leadership will ensure a seamless integration of various operational strategies across AM Best’s international platforms.
Leading with Expertise: A Vision for the Future
“Stefan and Ken bring extensive knowledge of the insurance industry and the financial services sector,” said James Gillard, president of AM Best Rating Services. “Their depth of experience in the credit rating industry positions them as strong leaders for our global analytical teams.”
Insight on AM Best
AM Best continues to establish itself as a pioneering force in the credit ratings landscape, underpinned by its specialized focus on the insurance sector. The company operates worldwide, rendering ratings and analytical services across more than 100 countries. With regional offices in key global cities such as London, Dubai, and Hong Kong, AM Best’s outreach is unparalleled.
This new leadership direction underscores AM Best's intent to adapt to the evolving market while enhancing its rating processes. The appointments of Johnson and Holzberger signal a robust future for the organization as it navigates the complexities of the global insurance ecosystem.
Frequently Asked Questions
Who are the newly appointed leaders at AM Best?
Kenneth J. Johnson has been appointed as the chief ratings officer, while Stefan Holzberger takes on the role of chief operating officer.
What is Kenneth Johnson's background?
Johnson has over 30 years of experience, having held managerial positions at HSBC and J.P. Morgan, and joined AM Best in 2009.
What are Stefan Holzberger's responsibilities?
Holzberger will oversee AM Best’s global ratings operations, ensuring data management and improved rating methodologies.
How does AM Best serve its global clientele?
AM Best provides credit ratings and analytics in the insurance sector, backed by extensive experience and a global presence.
What distinguishes AM Best in the market?
AM Best is recognized for its focus on the insurance industry, offering tailored solutions that meet the specific needs of clients in over 100 countries.
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