Moneycontrol Bureau
Rating agency CRISIL has informed the stock exchanges that Roopa Kudva, Managing Director & Chief Executive Officer (MD & CEO) of the company, has informed the Board of Directors of her intent to leave CRISIL, after the company identifies and appoints a successor and she ensures a smooth transition.
Kudva has been in the post for 7 years and before that she was the leader of CRISIL’s Ratings business for 7 years.
"She believes that from a governance perspective, this is the right time to move on," said the CRISIL release.
About her decision to quit, Kudva said: "Change at the top at judicious intervals, is a sound governance practice and allows companies to refresh themselves. I feel very privileged and am grateful for the opportunities this great company has provided. Importantly, we have built a strong platform for the future and I believe that the best years for CRISIL lie ahead."
CRISIL has commenced search for a successor to Kudva.
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