Empowering leaders to shape tomorrow's success

Mr. Pradip Kanakia

Non-Executive Chairman and Independent Director

He is also on the board of ICRA Limited and chairs their Audit Committee.

Mr. Pradip Kanakia is a strong leader and Finance and governance-oriented professional with expertise in accounting, auditing, reporting, systems, processes and controls, compliance and governance, strategy, transformation and performance management.

Mr. Kanakia currently serves on the boards of several leading listed companies and is a Senior Advisor and a mentor to a clutch of fast-growing start-up companies in their pursuit of the IPO journey.

As a qualified Chartered Accountant of both England & Wales and India, he has held leadership positions with Price Waterhouse and KPMG during a career spanning 36 years. As a Lead Engagement Partner, he led the audits of several prestigious Indian and multinational companies, across various industry sectors, reporting under Ind-AS, IFRS and US GAAP for over 22 years.

As a national leader in both PwC and KPMG, he played a major role in transforming the businesses of both the firms leading to accelerated growth and profitability by demonstrating the ability to ‘turn around’ underperforming business units with strong strategic and execution skills.

Mr. Kanakia also led a popular Non-Executive Directors (NED) Program with Price Waterhouse for a period of 10 years that attracted large participation by Independent Directors, CFOs, Chief Internal Auditors and Chief Compliance Officers in Mumbai and NCR regions.

Mr. Kanakia led several thousand people in both the firms and cultivated a culture of high performance, collaboration, and teamwork by encouraging a questioning mind set and belief in finding solutions to problems by actively engaging with all stakeholders.

Mr. Ramnath Krishnan

Additional Director, Non-Executive

Mr. Ramnath Krishnan is the Managing Director & Group CEO of ICRA.

Mr. Krishnan is a seasoned banking professional with over 33 years of national and international experience across various domains of banking. He spent 23 years at HSBC India in senior leadership roles, and his last position within the HSBC Group was as the Country Chief Risk Officer at HSBC Malaysia.

Before joining ICRA, he served as the Chief Risk Officer at RBL Bank.

Mr. Krishnan holds a B.A. in Economics from Loyola College, Chennai. He is also a Cost and Works Accountant and a Chartered Accountant.

Mr. Alok Kumar

Non-Executive and Non-Independent Director

Alok Kumar is the Head of Analytical Services and a member of the Global Leadership Team at Moody’s Insurance based in Bangalore. Alok leads a large team of professionals who leverage technology, data and IP within Moody’s to offer bundled analytical solutions to clients. He is a global professional with 25+ years of multi-cultural and multi-functional experience in the Risk, Data and Analytics domains, bringing a deep understanding of clients and their business to his role at Moody’s. He joined Moody’s in 2021 through the acquisition of RMS, a California based risk management company, playing a key role in the integration and expansion of the business.

Prior to Moody’s & RMS, Alok was a Managing Director and Head of Group Risks and Analytics at Swiss Re, responsible for quantifying asset and liability risks and driving the development of the Internal Capital Model, Risk Governance & Reporting Frameworks at the firm. During his 20 years at Swiss Re Alok worked in the US, Switzerland and South Korean offices of the firm focused on risk quantification and underwriting. He also led the growth and transformation of Swiss Re’s Bangalore office as an Analytics Centre of Excellence with nearly 1200 employees, providing to the Group access to an unparalleled Analytics talent pool.

Alok is a Civil Engineer by education having completed his Bachelors from IIT Roorkee and Masters from Texas Tech University, USA. He has also completed Advanced Management Programme at Harvard Business School.

Mr. Abhishek Dafria

Non-Executive and Non-Independent Director

Mr. Dafria is the Head of Group Strategy and Business Transformation for ICRA Group. He has overall seventeen years of experience in credit ratings and research across corporate and structured finance functions with the responsibility of achieving high rating accuracy and providing insights that would support investors in making informed decisions.

In addition, he has represented ICRA at multiple industry conferences and events as a guest speaker.

Mr. Dafria joined ICRA in 2008. Prior to his current role, Mr. Dafria was the Group Head of ICRA’s Structured Finance team for more than five years and he was also a part of ICRA’s Rating Committee, responsible for providing reliable and unbiased credit ratings in corporate, finance and structured finance domains.

Mr. Dafria holds a Post Graduate Diploma in Management (PGDM) from Indian Institute of Management, Lucknow.