Acuité's Board of Directors

Mr. S.S. Mundra‘s has served asDeputy Governor of Reserve Bank of India. Prior to that, he was the Chairman & Managing Director of Bank of Baroda. In a banking career spanning over four decades, Mr. Mundra held several important positions including that of Executive Director of Union Bank of India, Chief Executive of Bank of Baroda (European Operations) amongst others. He also served as RBI's nominee on the Financial Stability Board (G20 Forum) and its various committees. Shri Mundra was also the Vice-chair of OECD's International Network on Financial Education (INFE).

Mr. Mundra also served on Boards of several multi-dimensional companies like the Clearing Corporation of India Ltd (CCIL), Central Depository Services (India) Ltd. (CDSL), BOB Asset Management Company, India Infrastructure Finance Corporation (UK) Ltd. (IIFCL), IndiaFirst Life Insurance Company Ltd., Star Union Dai-Ichi Life Insurance Company Ltd., National Payments Corporation of India Ltd., etc. The experience gained in guiding these entities has bestowed him with wide leadership skills and keen insights in best practices in Corporate Governance.

Amity University has conferred the Degree of Doctor of Philosophy (D.Phil.), Honoris Causa, upon Mr. Mundra, in recognition of his services in the field of banking and related areas.

 

 

Mr. Rajesh Mirchandani who has an overall experience of more than 30 years, is currently the CEO of Dun & Bradstreet South Asia Middle East Ltd. Mr. Mirchandani is a Post-Graduate in Management from Indian Institute of Management, Calcutta and completed his graduation in Economics from Madras Christian College. 
Mr. Arun Tiwari has over 38 years of professional experience in banking and financial market operations. He was the Chairman & Managing Director of Union Bank of India. A postgraduate in Chemistry, he has extensive knowledge in areas as diverse as Banking & Finance and Computer Programming. He has undergone training at prestigious institutions, like Arthur D’Little, Boston - USA, Kellog School of Management, Northwestern University - Chicago, Indian School of Business - Hyderabad, Indian Institute of Technology - Mumbai, NIBM - Pune, etc. 
Mr. Saurabh Shah currently leads the Finance function in Dun & Bradstreet Information Services India Private Limited as Director – Finance. He has been with Dun & Bradstreet for more than 7 years, having worked in India, the UK and the US in senior positions. Saurabh has over 15 years of financial expertise and has played a key role in implementing various internal and external financial projects, as well as streamlining the finance function in the various organizations that he has been associated with till date. Saurabh is a qualified Chartered Accountant (India) and a Certified Public Accountant (USA). 
Mr. Chitta Ranjan Biswal, aged 65 years is a post graduate in Physics and is an IAS officer of 1981 batch of Andhra Pradesh cadre. He has handled various important assignments in the State of Andhra Pradesh which include Principal Secretary to the Government in departments like Panchayat Raj and Rural Development, Industries & Commerce Department, Higher Education Department, Agriculture and Co-op Department. He was also the Special Commissioner of Land Administration (CCLA) Hyderabad. He retired as Principal Secretary, Panchayat Raj department. Presently, he is working as Chairman of Pay Revision Commission, Telangana state.
Mr. Hiren Shah is a technopreneur and currently leads Net Square Solutions Pvt. Ltd., a niche and highly regarded information security consulting company, as President & Mentor. Before Net Square, Mr. Shah, was with CRISIL and spearheaded the complete transformation of the technology function to become a business partner as the Chief Information Officer. He uses his deep understanding of the BFSI sector and expertise in IT Infrastructure, Business Solutions and Information Security to advise Boards of companies in Banking, Telecom, Healthcare, E-commerce, Utilities and other emerging sectors on IT Governance, Cyber security and Innovation. Mr. Shah graduated as a Physics and Electronics major from Mumbai University and then qualified as a Chartered Accountant. He is also a CISA and CGEIT.
Mr. Ajoy Kumar Deb is a Banking Professional with over 40 years of experience. He retired from the State Bank of India as the Chief General Manager (Associates and Subsidiaries Group). Mr. Deb has done his MSc in Chemistry from Indian Institute of Technology Bombay and BSc in Chemistry (Hons) from Fergusson College, Pune and is Certificated Associate of the Indian Institute of Bankers (CAIIB).
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Our exciting journey started in 2005 with rating of bank borrowers most of whom were small and medium enterprises. At that time, credit rating was a concept known only to large issuers of capital market instruments. Since then, like a caterpillar transforms itself into a beautiful butterfly, we transformed to rate bonds, bank facilities of large corporates and issuers across industries. Along came many achievements - SEBI Registration in 2011, RBI accreditation in 2012, 50,000 ratings in 2018, 5,000 Bond and Bank Loan Ratings in 2017, launch of India's first Android and iPhone app to disseminate rating, tamper-proof QR-code-enabled rating rationales, and SMERA Terminal to name a few.

Now is the time to re-emphasize our increasing footprint across all segments of ratings through the launch of our new name - 'Acuité'.

The name has changed. The spirit of upholding highest standards of analytical rigour, continuous improvement, excellence in our processes and quest for innovation remains the same. We would like to re-emphasize that we will continue to work hard to provide independent, unbiased and timely opinion of highest standard.

Acuité means 'sharpness and clarity of thought and vision'. Let our research and ratings help you take decisions with confidence.


Sankar Chakraborti
CEO