Independent ratings and analytics firm Rapid Ratings said that Jeffrey Gibb has joined the firm as senior vice president of strategic relations and head of legal operations.

Gibb, who was formerly practicing attorney and in-house counsel for GE Capital  will primarily responsible for legal affairs and business development initiatives. Gibb will also work closely with Chairman and CEO James H. Gellert, on regulatory and legislative activities in Washington D.C.

Gibb joins Rapid Ratings with more than 25 years of experience in the financial services world as a lawyer and as a strategic business consultant. Gibb spent 12 years practicing real estate and corporate law in New York and Philadelphia. He was a senior transactional lawyer for GE Capital and as lead lawyer for deals at GE Capital Mortgage. Since 2001, Gibb has run his own consulting and private investment firm that focuses on financial services companies and channeling investors to companies looking to grow.

“Jeff has a wealth of experience across the legal, regulatory and investment sectors that will be of material benefit to Rapid Ratings’ growth in 2012 and beyond,” Gellert said. “I look forward to working with Jeff as we continue our efforts to change the ratings industry for the better through increased competition and transparency. He’s going to be an excellent addition to the team professionally and personally.”

“Rapid Ratings provides a fresh perspective at a time when a new approach to risk management is much needed,” said Gibb. “I have known the principals of the company for a long time and believe Rapid Ratings is very well positioned to fill the void for objective ratings that has become obvious over the last several years.”

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