KBRA Announces Key Management Appointments

KBRA is pleased to announce the following senior management appointments.

Rosemary Kelley has been named Head of Structured Finance Business Development. In this newly created role, Rosemary will lead KBRA’s business development effort for the ABS, CMBS, and RMBS sectors. Kelley brings a wealth of industry experience that will serve to strengthen KBRA’s leadership position in Structured Finance and position it for future growth. In addition to Structured Finance, she will also cover Transportation and Project Finance. Rosemary joined KBRA in 2011 as Co-Head of U.S. ABS, where she played a leading role in the development and implementation of the firm’s ABS methodologies and ratings and lead the firm’s analytical efforts in Consumer ABS, prior to her appointment to Global Head of ABS in July 2019. Her financial services career spans more than 25 years, having worked across a number of positions at DBRS, MBIA Insurance Corporation, and Deutsche Bank, among others. Kelley is an active member of the Structured Finance Association, and previously served on its board of directors.

Eric Neglia will succeed Kelley as Global Head of ABS. In his position, Eric will be responsible for all facets of KBRA’s ABS analytical effort, including credit rating methodologies, rating assignment processes, and surveillance. Eric has served as KBRA’s Head of Consumer and Commercial ABS since July 2022, and prior to that led the organization’s Consumer ABS effort. Over his eight-year tenure, Eric has made significant contributions to enhancing KBRA’s ABS analytical efforts in regard to both existing and emerging asset classes, while maintaining the transparency and timeliness for which the firm is recognized. Prior to joining KBRA in 2015, Neglia was Head of Operational Risk Management at MasterCard Worldwide and also spent 15 years at MBIA Insurance Corporation, where he underwrote consumer ABS transactions.

As part of the management changes, Jason Lilien, Senior Managing Director, Business Development, will maintain oversight of KBRA’s growing Structured Credit and CLO Business Development efforts. Lilien also leads other business development efforts across numerous Corporate, Financial, and Government units including banks, asset managers, BDCs, corporates, insurance and funds. Prior to joining KBRA in 2018, Lilien spent 14 years at Goldman Sachs, across both the Investment Banking and Sales & Trading divisions. Lilien and Kelley report to Dana Bunting, Co-Head of Global Business Development and Neglia reports to Eric Thompson, Global Head of Structured Finance Ratings.

About KBRA

Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

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