ICRA appoints Shubham Jain as Head of Group Strategy and Business Transformation

ICRA has appointed Shubham Jain as head of group strategy and business transformation, the ratings agency said in a press release on Monday.

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, the statement said.

This is Jain’s second stint at ICRA. Earlier, he had 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).


“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,” Ramnath Krishnan, MD & Group CEO, ICRA, said commenting on Jain’s appointment. “I am confident that he (Jain) will play a vital role in propelling us towards achieving our strategic imperatives.”