ICRA has informed that Raghavendra Raghuttama Rao, Managing Director of ICRA Management Consulting Services (‘IMaCS’), a wholly owned subsidiary of ICRA, has resigned from the position of Managing Director of IMaCS, effective from the close of working hours on December 15, 2016. The Nomination and Remuneration Committee of IMaCS is in the process of identifying the incumbent for the vacant position and the appointment will be intimated as it is approved by the Board. Rao, in his new role, will help ICRA group in mentoring and leadership development as well as providing strategic inputs to the group.
The above information is a part of company’s filings submitted to BSE.
