KOLKATA: Standard & Poor's has hired Ashu Suyash, a mutual fund industry veteran, to head its Indian unit, Crisil.
Suyash had launched Fidelity International India which was later sold to L&T. She had also worked with the Citigroup. Suyash will succeed Roopa Kudva, who quit last September without an immediate successor after a seven-year stint as its managing director and chief executive officer. Kudva had joined CrisilBSE 1.14 % in 1992.
Reacting to her new assignment, Suyash said, "I have always admired Crisil for its professionalism, integrity, high quality research and analytics and the important role it plays in India's capital markets." She will take up her new job on June 1, 2015. "I am delighted to welcome Ashu as the next MD & CEO of Crisil," Douglas Peterson, chairman of Crisil, was quoted as saying at a press statement issued by the company.
"I look forward to working with Ashu to enhance Crisil's leadership position in providing independent ratings, research and policy advisory services to clients in India and around the world," he added.