Ravimohan quits, Roopa Kudva is S&P's new region head

Financial market intelligence provider Standard & Poor's today named Roopa Kudva its region head for South Asia.

This role is in addition to her current responsibilities as managing director and chief executive officer of Crisil.

Kudva's enhanced role follows the resignation of R Ravimohan as Standard & Poor's representative for South and Southeast Asia and as non-executive chairman of the board of directors of Crisil, a press release issued here said.

Crisil is India's leading ratings, research, risk and policy advisory company and a part of Standard & Poor's.

Kudva will also join Standard & Poor's Asia-Pacific executive committee and assumes her additional responsibilities with immediate effect, the release said.
    
Ravimohan is leaving at the end of August to pursue opportunities outside the company.

The board of directors of Crisil will decide on the appointment of a new chairman for the company in due course. Standard & Poor's will announce a new regional head for Southeast Asia at a later date, the release said.

Standard & Poor's executive managing director and head of Asia-Pacific, Tom Schiller, 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 endeavours."

On Kudva, Schiller said "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 the Asia-Pacific."

Kudva joined Crisil in 1992 and was appointed head of its ratings business in 2000, before becoming managing director and CEO of the company in 2007.