It is with deep sadness and heavy hearts that KBRA mourns the recent passing of our friend Alan Bernikow, an original investor and long-time mentor to many at KBRA, who died on September 26, 2023.

"We’re greatly saddened to learn of Alan’s passing and we extend our deepest condolences to his family and friends during this difficult time,” said Jim Nadler, CEO and President of KBRA. “Alan bet early on us as a company and helped guide our business in the right direction. He was a trusted adviser, friend, and confidante to many of us here, including Executive Committee members, and will be greatly missed.”

In the firm’s earliest days, Alan called on his wealth of experience from his storied career to establish KBRA as a trusted name in the market and to develop our business operations. He most recently served on the board of K2 Integrity, which was founded along with KBRA in 2010 by Jules Kroll. Alan was a long-time confidante of Jules, who sought his insights while building the respective organizations.

Alan served as deputy chief executive officer at Deloitte, where his primary responsibilities included assisting the chairman & CEO and managing partner on special projects, including firm mergers and acquisitions, partner affairs, and litigation matters. He was a member of Deloitte’s Executive and Management Committee; chairman for the Professional Asset Indemnity Limited Big 4 Insurance Representatives; and president for PAIL Vermont Insurance Company Big 4 Insurance Representatives.

Prior to joining Touche Ross, the predecessor firm to Deloitte, Alan was the National Administrative Partner in Charge of all internal administration and finance at accounting firm J.K. Lasser & Company. He is a graduate of Baruch College, earning a B.B.A. in accounting, and was a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.

During his prestigious career, Alan served on numerous boards of directors including at Revlon, Inc. and Revlon Consumer Products Corporation, UBS Global Asset Management Inc., Florida Community Bank, and Mack-Cali. He was also a member of the board of the Jewish Communal Fund, United Jewish Communities–The Federations of North America, and UJA–Federation of Jewish Philanthropies, and was very active in civic and service organizations.

“The world has lost a truly great man who will be sorely missed,” said KBRA’s Global Head of Structured Finance Ratings, Eric Thompson. “I’m grateful for his presence in our early days and the counsel he provided to many of us as he was a critical factor in our success.”

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

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