Kroll Bond Rating Agency (KBRA) announced the appointment of Van Hesser to the role of the head of the Financial Institutions group. Founded in 2010, KBRA is a full-service rating agency that provides risk assessment and ratings for the investment community. Hesser is also the Senior Managing Director of the Corporates group.
He previously worked with Wells Fargo Principal Investments, where he led the Financial Institutions sector. Prior to Wells Fargo, he was at HSBC Securities for 10 years, where he served as the Global Head of Credit Research and was the Senior Corporate Bond Research Analyst covering U.S. banks, brokers, and specialty finance companies. Hesser has also worked with Credit Suisse First Boston, Goldman Sachs, Salomon Brothers, and the Federal Reserve Bank of New York.
James Nadler, President and COO of KBRA, expressed his approval of Hesser’s appointment by saying, “KBRA’s Financial Institutions group has rated over 100 commercial banks and non-banks, and has expanded its insurance ratings group. We look forward to capitalizing on Van’s experience to continue growing in this space alongside the progress we’ve made in corporates.”