Organizational Structure


ARC Ratings flat organizational and management structure is a reflection of its philosophy to leverage off the local expertise of its partner agencies by creating an interactive network with global reach.




ARC Ratings Directors

Independent Non-Executive Chairman of the Board of ARC Ratings, S.A. and ARC Ratings (UK) Limited
Olivier is a Senior Executive with expertise in financial services, and risk management. He has over twenty-five years’ experience in rating agencies and banking, including being Managing Director & Head of EMEA for Moody's. Olivier holds a Degree in Finance & Management, from the Institut Supérieur de Gestion, Paris, and an MBA   Finance Specialism (Commendation), from the Cass Business School, London.
Independent Non-Executive Director of the Board of ARC Ratings, S.A, and ARC Ratings (UK) Limited
Lindon has worked for over twenty-five years across the full spectrum of debt and equity finance including structured finance and securitisation. He is a former Director of S&P and assumed a leading role in rating committees for the securitisation of a broad range of asset classes. Lindon holds a BA Hons Physics from Cambridge University and a MSc Nuclear and Particle Physics from the University of London.



Chief Executive Officer of ARC Ratings, S.A., ARC Ratings (UK) Limited and ARC Ratings Holdings Limited
Dave has over twenty-five years’ experience in the ratings industry and holds a Bachelor's Degree in Commerce and an Honours Degree in Economics from UNISA. He is the former CEO and Chairman of Global Credit Rating Co. (GCR), and was responsible for building GCR into the largest rating agency in Africa. His expertise is in credit and strategic risk management and he relocated to Europe to help facilitate ARC's international expansion.
Chief Operating Officer of ARC Ratings, S.A.
Vitor has twenty-two years’ experience in the ratings industry. He holds a Bachelor's Degree in Economics, with specialization in Finance, from Nova School of Business and Economics, in Lisbon.
Non-Executive Director of ARC Ratings, S.A. and ARC Ratings Holdings Limited
José is Managing Partner of SaeR. He holds a Bachelor's Degree in Finance, from Universidade Técnica de Lisboa, and is member of the Portuguese Statutory Auditors College and of the Portuguese College of Economists. He spent more than twenty-five years at PricewaterhouseCoopers and was President and CEO of Companhia Portuguesa de Rating, S.A. (now ARC Ratings, S.A.) from 2004 to 2014.
Non-Executive Director of ARC Ratings (UK) Limited and of ARC Ratings Holdings Limited
Marc is GCR's Chief Executive Officer. He has 19 years’ experience in the rating industry and has led ratings missions in several African countries.  Marc holds a Bachelor of Commerce Degree and an Honours Degree in Business Economics, from the University of the Witwatersrand.



Senior Analyst Team

Chief Ratings Officer 
Philip is ARC's Chief Ratings Officer, having the responsibility for the overall management of the ratings teams including the oversight and continued development of all of ARC’s rating analysis, models and methodologies, consistent with international standards and regulations. Philip has over forty years’ experience of complex financings in banking and the rating industry. He spent a combined sixteen years at Fitch as head of three separate analytical teams and latterly as Head of European Business Development for Structured Finance. He holds a degree in law from the University of Exeter, a degree in History and Politics from the Open University and is a qualified Chartered Accountant.

Sector Specialist for Financial Institutions


Carola has more than 15 years of experience in the rating agency industry. Previously she was a Director for Financial Institutions at Fitch Ratings before being appointed the Head of Credit Ratings at Dagong Europe Credit Rating, the first Chinese Rating Agency operating in the EU. She holds a Bachelor’s Degree in Business and Finance from the Adolfo Ibanez University, Chile and holds an MBA from the University of Edinburgh Business School, Scotland. Carola speaks fluent English, French, Italian and Spanish.



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