Subodh Rai is the Managing Director of Crisil Ratings Limited and leads the Ratings business. He is responsible for deepening client relationships, strengthening Crisil Ratings brand in the domestic market and analytical execution.
Previously, Subodh Rai was President - Risk and Compliance for Crisil Limited. In this role, Subodh led the risk management, information security, compliance and internal audit functions, focusing on mitigating risks and strengthening resilience, in the context of an evolving economic, technology, and regulatory environment.
Prior to this, Subodh was Chief Ratings Officer at Crisil Ratings and headed the analytical function. He chaired the Rating Committee and was responsible for its functioning. Subodh also led the franchise initiatives for Crisil Ratings and authored several incisive opinion pieces.
Subodh has more than 25 years of experience in the financial sector and has held various leadership positions in the Ratings division. He has also served as Director on the Board of many companies including TRIS Ratings, Thailand.
Before joining Crisil, he worked with Shree Renuka Sugars Ltd and Garware Wall Ropes Ltd.
Subodh holds a PGDM from the Indian Institute of Management, Ahmedabad and an engineering degree from the College of Technology, Pantnagar, Uttarakhand.
Krishnan Sitaraman is Senior Director & Chief Ratings Officer at Crisil Ratings Limited (Crisil Ratings). In this role, he heads the analytical function at Crisil Ratings on a pan India basis. He also chairs the Rating Committee and is responsible for its functioning.
Prior to his current role, Krishnan was Senior Director & Deputy Chief Ratings Officer at Crisil Ratings. In that role, he oversaw credit rating assignments for financial sector entities and structured finance instruments across sectors.
Earlier, Krishnan was Chief Compliance Officer at Crisil Limited (Crisil) and oversaw Crisil’s compliance processes in all its businesses and subsidiaries. He developed and implemented compliance policies, processes and training programmes to ensure that Crisil adheres to all compliance requirements.
Krishnan has also been Director - Funds & Fixed Income Research in Crisil’s Research division and led a gamut of offerings in the investments research space, encompassing fund evaluations, customised research including insurance and retirement funds research, wealth management solutions and attribution analysis. He was also responsible for giving direction to Crisil’s offerings on valuation and benchmarking services to insurers, fund houses and wealth managers.
Krishnan started his journey with Crisil in the year 2000 in Structured Finance Ratings and provided momentum to the vertical. Subsequently, he was the Head of Financial Sector Ratings for 5 years.
Krishnan has extensive experience in conducting workshops and seminars on a variety of topics including financial sector dynamics, retail risk, mutual funds, credit risk and securitization.
Before joining Crisil, Krishnan worked with Maruti Suzuki India Ltd (MSIL) for three years, in its Dealer Relations division.
Krishnan holds a postgraduate diploma in management from the Indian Institute of Management (IIM) Calcutta and a graduate degree in Mechanical Engineering from Jadavpur University, Kolkata.
