Case Study

Kroll Bond Rating Agency

Jules Kroll ties his hand at Credit Rating. Will his experience in identifying operational risk, credit risk and corporate intelligence help him win the market share from S&P, Moody’s and Fitch? How is Kroll’s approach related to value-based Enterprise Risk Management? This article will help you start your independent thinking. Let’s begin the journey.

2011-12-19

Jules Kroll Biography Juels Kroll is the Chairman and CEO of Kroll Bond Rating Agency, Inc. and the acknowledged pioneer of the modern investigations, intelligence, and corporate security industry. In 1972, he established Kroll Associates Inc, the prototype of a professional services firm dedicated to mitigating risk. His firm, which he sold to Marsh & McLennan Companies in 2004, ultimately reached annual revenues of $1 billion. Jules B. Kroll was born in 1941 in Brooklyn, New York. His father owned a printing company and his mother was a homemaker. Mr. Kroll received a B.A. degree from Cornell University In 1963. After he received an LL.B. degree from Georgetown University Law Center in 1966, he worked as an assistant district attorney in Manhattan. Kroll's experiences in the D.A.'s office included prosecuting a wide range of crimes and working with up and coming politicians including Robert F. Kennedy. Jules founded Kroll Associates in 1972. Kroll Associates is a publicly-held corporation with offices in more than sixty cities on six continents. Kroll’s reputation for high-quality investigative work was established on Wall Street in the 1980s successfully tracked down the hidden assets of Ferdinand and Imelda Marcos, and spread internationally in the 1990s as the firm Saddam Hussein. As the firm's reputation grew, Kroll assembled an extensive network of former agents from the FBI, CIA, Mossad, and MI-5; police officers; attorneys and prosecutors; auditors and accountants; licensed private detectives; and computer experts. Mr. Kroll was named "Entrepreneur of the Year"...