ICRA has announced the appointment of Ramnath Krishnan as the company’s Managing Director and Group Chief Executive Officer. He will succeed N Sivaraman, who stepped down from the position of Managing Director and CEO on Friday i.e October 22, for personal reasons.
Krishnan was earlier in the role of President – Ratings and Chief Rating Officer at the company and in his new role, he will drive ICRA’s business strategy and augment its organisational capabilities among other objectives.
"We are delighted to benefit from Krishnan's deep knowledge of risk, credit, and markets as we welcome him to his new role. We are confident his long experience, together with the strong leadership qualities he has demonstrated since joining the company will help him lead Icra into its next phase of growth," Icra Non-Executive Chairman and Independent Director Arun Duggal said.
Krishnan has a proven record of leadership which was gained during the course of a career spanning more than three decades in banking and finance in India and abroad. It would be interesting to see how he leads the company in the uncharted waters of a post-pandemic market.