 "Ramnath Krishnan")
In a surprise development, N Sivaraman, managing director and group Chief Executive, of rating agency ICRA has resigned with immediate effect citing personal reasons. He joined ICRA in July 2020.
Ramnath Krishnan has been appointed as new MD and group CEO, the rating agency said in a statement. ICRA is an unit of global rating agency Moody's.
Earlier, Krishan was President - ratings and chief ratings officer at ICRA. He joined the rating agency in July 2020 from RBL Bank where was Chief Risk Officer since 2018.
Sivaraman came to ICRA after a stint with IL&FS where he was Chief
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