Standard & Poor?s, a major provider of financial market intelligence, on Thursday named Roopa Kudva as region head for South Asia. This is in addition to her current responsibilities as managing director and chief executive officer of Crisil, India?s leading rating, research, risk and policy advisory firm and a Standard & Poor?s company. She will also join Standard & Poor?s Asia-Pacific executive committee and assume her additional responsibilities with immediate effect.
Kudva?s enhanced role follows the resignation of R Ravimohan as Standard & Poor?s representative for South and South-east Asia and as non-executive chairman of the board of directors of Crisil. After 15 successful years with Crisiland S&P, Ravimohan is leaving at the end of August to pursue other opportunities outside the company. The board of directors of Crisil will decide on the appointment of a new Crisil chairman in due course and S&P will announce a new region head for South-east Asia at a later date.
Tom Schiller, executive managing director and head of Asia-Pacific at Standard & Poor?s, said, ?Ravi has done a tremendous job for us over the years, both in building a leading position for S&P and Crisil in India and in helping us extend our offerings in the wider region. We wish him well in his new endeavors.?
?I am delighted that Roopa is stepping in to lead S&P?s activities in South Asia, as well as continuing her very successful tenure as MD & CEO of Crisil. She has exceptional knowledge and experience of our customers and businesses and is ideally placed to drive forward S&P?s continued growth in the region. She will be an important and valuable addition to our senior management team in Asia-Pacific,? he added.
Kudva joined Crisil in 1992 and was appointed head of its ratings business in 2000, before becoming managing director & CEO of the company in 2007. Kudva has received several awards and recognitions for her business leadership. She has been a member of various policy committees and working groups instituted by the Reserve Bank of India and the Securities & Exchange Board of India.