Two Years after its successful open offer for Crisil, Standard & Poor’s (S&P) has drawn up a plan to make India a strong regional base. S&P will also be applying for a licence to set up a credit information bureau in India through its local arm Crisil.
The international rating agency on Friday announced the elevation of R Ravimohan, MD, Crisil, as managing director and region head of S&P in South Asia. Mr Ravimohan’s place will be taken by Roopa Kudva, Crisil’s ED and chief rating officer. In addition, Subir Gokarn, currently chief economist of Crisil, will take on the additional role of chief economist in Asia-Pacific for Standard & Poor’s. He will be responsible for shaping S&P’s macro-economic views in Asia-Pacific and expanding its research and commentary on the region’s rapidly growing economies. More
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