Kroll Bond Ratings, a new credit rating agency trying to break into the much-maligned business, has named Robert Anselmi general counsel and chief compliance officer. Before joining Kroll, Anselmi held positions at various financial firms, including work as general counsel and then vice-chairman at New York Life Investment Management, and as general counsel and managing director of JP Morgan Investment Management, where he was responsible for the firm's legal and compliance areas.

The new ratings agency also named Jules Kroll as CEO, James Nadler as COO, and Ajay Junnarkar as chief financial and administrative officer.