The Indian unit of credit rating agency Moody’s, ICRA Limited, announced the appointment of Venkatesh Viswanathan as Group Chief Financial Officer of the company, effective August 30, 2022.
According to the company’s exchange filing, “we would like to inform you that based on the recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee, the Board of Directors at its meeting held today, has approved the appointment of Mr. Venkatesh Viswanathan as a Group Chief Financial Officer and Key Managerial Personnel of ICRA Limited (the “Company”), effective from August 30, 2022, and also designated him as Chief Investor Relations Officer.”
Venkatesh has over two decades of experience in finance, accounts, audit, taxation, financial risks and controls, treasury, and internal audit. Prior to joining ICRA, he worked with CRISIL Limited as the CFO for the Ratings business and Senior Director – Group Finance. His previous stints were with IT Nation (India) Pvt Ltd and the National Stock Exchange of India Limited. In the past, he has worked on enabling successful regulatory transitions, mergers, acquisitions, hive-offs, financial due diligences, tax structuring, and cost management.
He has also led finance teams in various automation initiatives to work towards sustainable business growth, a statement said. Venkatesh is a Commerce Graduate and a Chartered Accountant.
Speaking on the appointment, Ramnath Krishnan, MD & Group CEO at ICRA, said: “Venkatesh comes with a lot of relevant experience, and we are confident that this will assist us immensely in driving growth, implementing better financial discipline and improving operating efficiencies across the Group.”
Venkatesh said: “ICRA is an organisation with tremendous capabilities, superior brand visibility with a talented resource pool and strong market standing in a growing rating and research industry. I look forward to partnering with Group ICRA to execute its strategic plan, accelerate growth, and deliver value for its shareholders.”
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