Moody’s Indian arm ICRA elevates Vivek Mathur as CFO

Domestic credit rating agency ICRA Limited has appointed Vivek Mathur, currently executive vice president, as chief financial officer of the company, according to a stock market disclosure.

S Shakeb Rahman, acting compliance officer, has been appointed as company secretary & compliance officer of the firm. Last September, Vijay Wadhwa, group CFO & company secretary and the designated compliance officer of ICRA had quit the firm. At that time Rahman, then senior assistant compliance officer, was designated as the acting compliance officer.

As an executive vice president, Mathur leads a team of rating analysts engaged in rating and surveillance of the debt instruments issued by corporate in North India.

Before joining ICRA in 1994, Mathur worked with PriceWaterhouseCoopers in its audit division. He holds a Bachelor's Degree in Commerce from the University of Delhi. He is also a Chartered Accountant from the Institute of Chartered Accountants of India.

ICRA is 50.06 per cent owned by New York-based credit rating agency Moody’s Corp.

With the new CFO the firm has changed its top deck almost completely with Naresh Takkar becoming the new CEO in January and Arun Duggal taking over as the chairman of the board three months ago.

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