26.1 C
Thursday, February 29, 2024

ICRA names Jain as head of Group Strategy


Share post:


Mumbai: ICRA Ltd on Monday said it has appointed Shubham Jain to head the Group Strategy and Business Transformation to drive growth and operating efficiencies for the company and its subsidiaries.

Jain will be responsible for scaling up the company’s revenue streams through new business initiatives and implementing business transformation strategies to enhance efficiencies in its operations.

This is Jain’s second stint at ICRA. Earlier, he joined ICRA in 2006 as an analyst in Delhi and left as Senior Vice President and Group Head-Corporate Sector Ratings in September 2021 to join Yubi (formerly CredAvenue).

Jain is an electrical engineer from the Punjab Engineering College, Chandigarh, and holds an MBA degree from the Management Development Institute, Gurgaon.

Ramnath Krishnan, MD and Group CEO, ICRA Ltd, said: “Given our focus on growth and improvement in operating efficiencies consistent with our Strategic Plan, establishing a group level strategy and business transformation function is critical.

“I am delighted that Shubham is returning to the ICRA family to be a part of our senior leadership team. I am confident that he will play a vital role in propelling us towards achieving our strategic imperatives.”

Jain said: “It was always a privilege to be a part of this best-in-class organisation and I am excited to take up this new role. Group ICRA’s dynamic management team, high talent density, and strong market standing puts it in a great position to capitalise on significant opportunities being offered by the rapidly evolving ecosystem for financial services.”

Related articles

Matter of using Maharashtra CM’s Forged signature is serious: Pawar

Mumbai: Deputy Chief Minister Ajit Pawar on Thursday assured the Legislative Assembly that strict action will be taken...

Police attach ‘illegal property’ of drug peddler in J&K’s Baramulla

Srinagar: Police on Thursday attached the “illegal property” of a drug peddler in Jammu and Kashmir’s Baramulla district. Police...

Centre-States food secretaries meet on procurement of wheat, paddy

New Delhi: The Government has held discussions with the State Food Secretaries and decided to procure up to...

Airtel strengthens its retail footprint in Mysuru, Mangaluru

Bengaluru: Bharti Airtel, one of India's leading telecommunications service providers on Thursday announced that it has launched four...