Announcements Research

GCR Ratings appoints new Kenya-Based Credit Rating Analyst

Summary

Johannesburg, 13 September 2021 – GCR Ratings (“GCR”) has issued a press release announcing the appointment of a new Credit Rating Analyst based in Kenya.

This press release is available for download at: https://gcrratings.com/wp-content/uploads/2021/09/GCR-Press-Release-John-Kibebo-Introduction-to-Market.pdf.

GCR Ratings is pleased to announce the appointment of Mr. Mr. John Kibebo CPA-K as a Credit Rating Analyst. John will be based full-time in our Kenyan office as an integral part of the GCR East Africa team as GCR continues to grow its presence in the region.

John has over 8 years’ experience conducting business and financial analysis. He joins GCR from Metropol Corporation Limited where he worked for over 6 years and progressed to become the Head of their Analysis department. Prior to his time at Metropol, John worked as an Accountant for Kenya Woman Microfinance Bank and as a Banking Consultant for Kenya Commercial Bank.

John is a Certified Public Accountant (CPA-K), with a B-Comm in Finance from Jomo Kenyatta University of Science and Technology and an Msc. in Finance from The University of Nairobi.

In announcing the appointment, Sylvia Chahonyo, Managing Director of GCR East Africa, said,

Following a thorough and rigorous search process we are delighted that John has agreed to take up the position of Credit Rating Analyst in Kenya. He has significant experience and expertise, and I am pleased that we have been able to attract someone of his caliber and track record. I have no doubt that John’s appointment, in a permanent capacity based at GCR in Nairobi, will facilitate a deeper entrenchment of GCR’s presence and portfolio of credit ratings across Kenya and the region. His appointment also reinforces GCR’s ongoing commitment to investment and capital markets development in East Africa, and our role as a source of timely, accurate, and market leading credit opinions.” 

Upon his appointment, Mr. Kibebo said, 

“I am delighted to join GCR Ratings and its growing analytical team of 45+ analysts spread across Africa. GCR has a stronghold in the African credit ratings market thanks to its local footprint. I am looking forward to working with issuers across the East-African market. Increasing access to, and use of, credit ratings in the region is a key element of a functioning capital market which, I believe, will help companies get greater access to funding, and investors to understand the risks associated to those entities which can assist in enhancing sustainable growth outcomes in East Africa.”

About GCR Ratings 

With a 25-year track record, GCR has developed a very substantial, market leading, pan African credit ratings business, encompassing over 500 credit ratings across 27 countries in Africa.

GCR’s primary shareholders include the Carlyle Group, a multinational private equity, alternative asset management and financial services corporation, and KfW/DEG, one of the largest Development Finance Institutions in the world.

GCR is licensed as a credit rating agency in a number of markets, including Kenya with the Capital Markets Authority, Nigeria with the Securities and Exchange Commission, Zimbabwe with the Reserve Bank of Zimbabwe, Mauritius with the Financial Services Commission and in West Africa by the CREPMF. In South Africa, GCR is registered as a Credit Rating Services Provider by the Financial Services Conduct Authority. GCR is also recognized as an eligible External Credit Assessment Institution (ECAI) by the South African Reserve Bank and the Bank of Mauritius.

For more information about GCR please visit our website, https://gcrratings.com, and follow our LinkedIn account for updates on our research publications and forthcoming events.

Media Contact

Media ContactRhona BoyneEditorial & Media Manager
Johannesburg, ZARhonaB@GCRratings.com+27 11 784 1771


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