Mr. Ramnath Krishnan

Mr. Ramnath Krishnan is the Managing Director & Group CEO of ICRA.

Mr. Krishnan joined ICRA in July 2020 as President of Ratings, and was appointed as Chief Rating Officer in November 2020, positions he held until October 22, 2021.

Mr. Krishnan is a senior, experienced banker, with over 33 years of experience in banking in India, Malaysia and Mauritius. He has been a corporate banker, and Country Head of Risk and has understanding of different stages of credit cycle. Prior to joining ICRA Mr. Krishnan was a Chief Risk Officer with RBL Bank, prior to which he spent 23 years with HSBC, holding senior positions at HSBC Bank in corporate credit, wholesale, private and investment banking in India and as Chief Risk Officer at HSBC Malaysia.

Mr. Arun Duggal

Mr. Arun Duggal is the Non-Executive Chairman and an Independent Director of ICRA Limited. He is also a Visiting Professor at the Indian Institute of Management, Ahmedabad where he teaches a course on Venture Capital, Private Equity and Business Ethics. He is an experienced international Banker and has advised companies and financial institutions on Financial Strategy, M&A and Capital Raising.

He is on the Boards of ITC Limited, Jubilant Pharma Limited, Singapore, Davenport Management Consultants Services Private Limited and IIT Delhi Endowment Management Foundation.

Ms. Ranjana Agarwal

Ms. Ranjana Agarwal is an Independent Director on the board of ICRA Limited and chairs their Audit and CSR committees. She is also on the board of a number of listed companies including a Private Bank, NBFC, Real Estate Company and chairs a number of their key committees.

Ms. Agarwal is the founder partner of Vaish & Associates, Chartered Accountants and has over 35 years of experience in audit, tax and related services including succession planning, management of family trusts and business valuations. She was also a partner in Deloitte Haskins & Sells until 2000.

Ms. Radhika Vijay Haribhakti

Ms. Radhika Vijay Haribhakti is an Independent Director on the board of ICRA Limited. Ms. Haribhakti has over 30 years of experience in Commercial and Investment Banking with Bank of America, JM Morgan Stanley and DSP Merrill Lynch. She has advised several large companies and led their Equity and Debt offerings in Domestic as well as International Capital Markets. She now offers advisory services as RH Financial, but is primarily engaged as an Independent Director on multiple Boards.

She is on the Boards of Directors of Bajaj Finance Limited, Bajaj Finserv Limited, EIH Associated Hotels Limited, Navin Fluorine International Limited, Pipeline Infrastructure Limited, Rain Industries Limited and Torrent Power Limited. At these companies, she is a member of several board committees, including some which she chairs.

Mr. Stephen Arthur Long

Mr. Stephen Arthur Long is an Additional Director of ICRA Limited under the category of Non-Executive, Non-Independent Director.

Mr. Long is a Managing Director and regional head of Europe, Middle East and Africa for Moody’s Investors Service. He also serves as MIS’s country manager for the United Kingdom. He is responsible for core business strategy, governance and oversight in the EMEA region. He is also responsible for policy and regulatory outreach and for overseeing and growing Moody’s investments in domestic credit rating agencies in EMEA.

Mr. Michael Foley

Mr. Michael Foley is a Non-Executive, Non-Independent Director of ICRA Limited.

Mr. Foley, Vice Chairman, Asia Pacific, is a senior member of the Moody’s Investors Service Regional Management team, and the CEO of Moody’s Investors Service Singapore Pte Ltd. Mr. Foley supports efforts to provide best in class credit ratings, research, data, analytics and insights for cross border and domestic credit markets in Asia Pacific.

Ms. Wendy Huay Huay Cheong

Ms. Wendy Huay Huay Cheong is a Non-Executive, Non-Independent Director of ICRA Limited.

Ms. Cheong is Managing Director-Regional Head of Asia Pacific for Moody’s Investors Service (MIS), based in Hong Kong. In this role, Ms. Cheong is responsible for developing and supporting Moody’s growth strategy in both developed and emerging markets in the region. Ms. Cheong is the senior representative for Moody’s in Asia Pacific and she is responsible for managing regional operations, overseeing policy and regulatory outreach, coordinating Moody’s global initiatives, and providing oversight and coordination of affiliates, joint ventures and MIS domestic market strategies in the region.

Mr. Navneet Agarwal

Mr. Navneet Agarwal is an Additional Director of ICRA under the category Non-Independent and Non Executive Director. Mr. Agarwal is a Managing Director and head of Moody’s Structured Finance Primary Ratings for the Americas in addition to Other Permissible Services for structured finance globally. Previously, Mr. Agarwal has led the US RMBS new ratings, the surveillance function for Moody’s U.S. Asset Finance Group and a CLO surveillance team. He has also served on the Global Structured Finance Credit Committee and acted as a Group Credit Officer. Mr. Agarwal has published and spoken extensively on Moody’s behalf and has also served in various analytic capacities in the RMBS, ABS and Structured Credit Ratings teams.

Ms. Farisa Zarin

Ms. Farisa Zarin is a Non-Independent and Non-Executive Director of ICRA Limited. Ms. Zarin is the Chief Government and Public Affairs Officer of MCO. Her responsibilities include global interaction with policy makers, and securities, bank and insurance regulators. She also oversees Moody’s Corporate Social Responsibility program. During her tenure at Moody’s, Ms. Zarin has held senior positions in the Credit Policy group and the Global Compliance group. She has also worked in the Moody’s Sovereign Risk Unit on an adjunct basis, focusing mainly on the legal ramifications of sovereign defaults.

Ms. Shivani Priya Mohini Kak

Ms. Shivani Priya Mohini Kak is a Director of ICRA Limited under the category of Non-Executive, Non-Independent Director.

Ms. Kak is Managing Director, Head of Investor Relations Finance, Moody’s Corporation.

Ms. Kak heads the Investor Relations Team and is responsible for managing effective communications with the analytical community, as well as existing and potential shareholders. Prior to this role, she managed the US Structured Finance Relationship Management team within the Commercial Group.