ICRA ropes in 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.

Arun Duggal, Non-Executive Chairman and Independent Director, Icra says,  "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.”

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.

In his new role, Krishnan is expected to drive Icra's business strategy, augment organizational capabilities, augment the independence and objectivity of the organisation's culture of analytical excellence and continue to uphold the company's high standards of corporate governance.