Kroll Bond Rating Agency appointed Jim Nadler CEO. Nadler held the position of president since joining in 2010 when he co-founded the rating agency with Jules Kroll.

Prior to joining KBRA, Nadler was the vice president for General Re and also had stints at Fitch Ratings and Standard & Poor’s.

Kroll, who is credited with establishing the corporate investigation industry with his previous company Kroll, held the position of chairman and CEO of Kroll Bond Rating Agency but will be stepping down later this month. He will remain as chairman.

Kroll and Nadler created KBRA in 2010 to restore trust in credit ratings following the financial crisis. They looked to differentiate KBRA from the other rating agencies by creating new standards and by offering accurate, timely, transparent ratings and research. Since 2010, KBRA has become a player in the structured finance, public finance, project finance, financial institutions and corporate markets issuing over 7,100 ratings totaling $620 billion in issuance.

In conjunction with this appointment, Ira Powell was named chief operating officer. Powell, previously the chief of staff and chief credit officer, joined the firm in 2015 from Goldman Sachs.

“Growing KBRA into the successful rating agency it is today has been truly rewarding. Our goal was to create a different type of rating agency that put investors first and we have done that and much more. I look forward to Jim expanding the footprint of KBRA while maintaining the standard that investors have come to rely on and trust,” Kroll said.