ICRA appoints N Sivaraman as MD & group CEO

ICRA appoints N Sivaraman as MD & group CEO

Indian ratings agency ICRA, an arm of the global ratings major Moody’s, has appointed N Sivaraman,as the managing director (MD) & group CEO, effective August 10, 2020. Almost a year ago the board of director of ICRA had asked its previous MD & CEO to quit after markets regulator Sebi had red-flagged his involvement in influencing the ratings given to IL&FS.

Prior to joining ICRA, Sivaraman was the group CEO at IL&FS. Sivaraman was responsible for asset monetization and creditor engagement, including restructuring of loans, where required.