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Morningstar DBRS Names Richard Sibthorpe Head of Canada

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Morningstar DBRS has appointed Richard Sibthorpe as Head of Canada and Global Investor Strategy, succeeding Douglas E. Turnbull who retired in September. Sibthorpe, who joined from BMO Capital Markets with over 20 years of credit markets experience, will oversee Toronto operations and senior outreach activities while focusing on emerging opportunities in evolving lending markets. The appointment comes amid increasing demand for credit ratings driven by private credit markets expansion and changing risk criteria. Morningstar DBRS currently rates over 4,000 issuers and 60,000 securities globally, positioning itself as one of the top four credit rating agencies worldwide.

Morningstar DBRS ha nominato Richard Sibthorpe come Responsabile per il Canada e per la Strategia degli Investitori Globali, succedendo a Douglas E. Turnbull che è andato in pensione a settembre. Sibthorpe, che proviene da BMO Capital Markets con oltre 20 anni di esperienza nei mercati creditizi, supervisionerà le operazioni di Toronto e le attività di contatto con i senior, concentrandosi sulle opportunità emergenti nei mercati di prestito in evoluzione. La nomina arriva in un contesto di crescente domanda di valutazioni creditizie, guidata dall'espansione dei mercati del credito privato e dai cambiamenti nei criteri di rischio. Morningstar DBRS attualmente valuta oltre 4.000 emittenti e 60.000 titoli a livello globale, posizionandosi come una delle prime quattro agenzie di rating creditizio nel mondo.

Morningstar DBRS ha nombrado a Richard Sibthorpe como Jefe de Canadá y Estrategia de Inversores Globales, sucediendo a Douglas E. Turnbull, quien se jubiló en septiembre. Sibthorpe, que se unió desde BMO Capital Markets con más de 20 años de experiencia en mercados de crédito, supervisará las operaciones en Toronto y las actividades de contacto con altos ejecutivos, mientras se enfoca en las oportunidades emergentes en los mercados crediticios en evolución. Esta designación se produce en medio de una creciente demanda de calificaciones crediticias impulsadas por la expansión de los mercados de crédito privado y el cambio en los criterios de riesgo. Morningstar DBRS actualmente califica a más de 4,000 emisores y 60,000 valores a nivel mundial, posicionándose como una de las cuatro principales agencias de calificación crediticia en el mundo.

Morningstar DBRS는 리처드 시프소프를 캐나다 및 글로벌 투자 전략 책임자로 임명했습니다. 그는 9월에 은퇴한 더글라스 E. 턴불을 대신하게 됩니다. 시프소프는 BMO 캐피탈 마켓에서 20년 이상의 신용 시장 경험을 쌓고 온 인물로, 토론토의 운영 및 고위 리더 소통 활동을 총괄하며 진화하는 대출 시장에서의 새로운 기회에 중점을 둘 것입니다. 이번 임명은 민간 신용 시장의 확장과 변화하는 리스크 기준으로 인해 신용 평가에 대한 수요가 증가하고 있는 가운데 이루어졌습니다. Morningstar DBRS는 현재 전 세계 4,000개 이상의 발행자와 60,000개의 증권을 평가하고 있으며, 세계 최고의 4대 신용 평가 기관 중 하나로 자리매김하고 있습니다.

Morningstar DBRS a nommé Richard Sibthorpe au poste de Responsable du Canada et de la Stratégie des Investisseurs Globaux, succédant à Douglas E. Turnbull, qui a pris sa retraite en septembre. Sibthorpe, qui venait de BMO Capital Markets avec plus de 20 ans d'expérience dans les marchés de crédit, supervisera les opérations de Toronto et les activités de contact aux niveaux supérieurs tout en se concentrant sur les opportunités émergentes dans les marchés de crédit en évolution. Cette nomination intervient dans un contexte de demande croissante pour les notations de crédit, alimentée par l'expansion des marchés de crédit privé et l'évolution des critères de risque. Morningstar DBRS évalue actuellement plus de 4 000 émetteurs et 60 000 titres à l'échelle mondiale, se positionnant comme l'une des quatre principales agences de notation de crédit dans le monde.

Morningstar DBRS hat Richard Sibthorpe zum Leiter von Kanada und globaler Investorenstrategie ernannt, der Douglas E. Turnbull nachfolgt, der im September in den Ruhestand ging. Sibthorpe, der von BMO Capital Markets kommt und über 20 Jahre Erfahrung in den Kreditmärkten verfügt, wird die Aktivitäten in Toronto und die Kontaktaufnahme mit Führungskräften überwachen und sich auf aufkommende Chancen in sich entwickelnden Kreditmärkten konzentrieren. Die Ernennung erfolgt vor dem Hintergrund einer steigenden Nachfrage nach Kreditratings, die durch die Expansion der privaten Kreditmärkte und sich ändernde Risikokriterien vorangetrieben wird. Morningstar DBRS bewertet derzeit über 4.000 Emittenten und 60.000 Wertpapiere weltweit und positioniert sich als eine der vier führenden Ratingagenturen für Kreditratings weltweit.

Positive
  • Appointment of experienced executive with over 20 years in credit markets
  • Strong market position as one of top 4 global credit rating agencies
  • Extensive coverage with ratings for 4,000+ issuers and 60,000+ securities
Negative
  • None.

TORONTO--(BUSINESS WIRE)-- DBRS Limited (Morningstar DBRS), the leading Canadian credit rating agency, has appointed Mr. Richard Sibthorpe as Head of Canada and Global Investor Strategy. Mr. Sibthorpe succeeds Mr. Douglas E. Turnbull who retired at the end of September. Mr. Sibthorpe who also joins Morningstar DBRS’ global credit leadership team began his new position on November 25, 2024, and reports to Mr. Detlef Scholz, the company’s president.

Along with overseeing the Toronto-based credit rating agency’s operations and the company’s senior outreach activities in Canada, Mr. Sibthorpe will focus on the opportunities emerging from the rapidly evolving lending markets. Key industry changes and accelerating demand for credit ratings are triggered by the broadening and deepening of the private credit markets, changing risk criteria for fund and bank lending businesses in addition to the increasing use of credit risk assessments for pension and insurance balance sheet exposures.

"I am excited to be joining Morningstar DBRS at a time when the credit markets are evolving so quickly,” Mr. Sibthorpe said. “With interest rates normalizing, public and private credit markets converging, along with significant innovation taking place, the value of independent credit analysis has never been more important.”

“We are thrilled to have Richard on the team,” said Mr. Scholz. “I believe that our strong Canadian roots, paired with our global experience and perspective, provide us with a unique opportunity to serve the markets and lead the credit ratings industry in quality, transparency, and service.”

Mr. Sibthorpe joined Morningstar DBRS from BMO Capital Markets and brings over two decades of experience in credit markets. During his career at BMO, he was instrumental in the establishment and leadership of its global debt capital markets franchise, capitalizing on new market opportunities and building leading origination and distribution capabilities across loans and bonds.

Morningstar DBRS is a leading provider of independent credit rating services and opinions for corporate and sovereign entities, financial institutions, and project and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, we are one of the top four credit rating agencies in the world and a market leader in Canada, the U.S., and Europe in multiple asset classes.

Morningstar DBRS empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry. Morningstar DBRS’ approach and size allow it to be nimble enough to respond to customers' needs in their local markets, but large enough to provide the necessary expertise and resources they require. Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service.

For more information, visit dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.

DBRS Limited

DBRS Tower, 181 University Avenue, Suite 700

Toronto, ON M5H 3M7 Canada

Tel. +1 416 593-5577

Susan Morton

Vice President, Credit Editorial, Publishing, and Media Relations

+1 416 597 7406

North.American.Communications@morningstar.com

Source: Morningstar, Inc.

FAQ

Who is the new Head of Canada at Morningstar DBRS (MORN)?

Richard Sibthorpe has been appointed as Head of Canada and Global Investor Strategy at Morningstar DBRS, effective November 25, 2024.

How many issuers and securities does Morningstar DBRS (MORN) rate?

Morningstar DBRS rates more than 4,000 issuers and 60,000 securities globally.

What is Morningstar DBRS's (MORN) market position in the credit rating industry?

Morningstar DBRS is one of the top four credit rating agencies worldwide and a market leader in Canada, the U.S., and Europe in multiple asset classes.

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