October 3, 2022
Listing Department | Listing Department |
National Stock Exchange of India Ltd. | BSE Limited |
Exchange Plaza, 5th floor | P J Towers |
Plot No. C/1, G Block | Dalal Street |
Bandra-Kurla Complex | Mumbai 400 001 |
Bandra (East) | |
Mumbai 400 051 | |
Dear Sirs, | |
Sub.: Change in Directorship |
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that, the Board has approved appointment of Mr. Yann Le Pallec (DIN: 05173118) as an Additional Director (Non-Executive) of the Company, with effect from October 3, 2022. The brief profile of the appointed Director is annexed.
Kindly take this communication on record and inform your members accordingly.
Yours sincerely,
For CRISIL Limited
MINAL AMIT BHOSALE
Minal Bhosale
Digitally signed by
MINAL AMIT BHOSALE Date: 2022.10.03 18:27:34 +05'30'
Company Secretary
ACS 12999
CRISIL Limited
Corporate Identity Number: L67120MH1987PLC042363
Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001
www.crisil.com
Brief profile of appointed Director:
Mr. Yann Le Pallec is Executive Managing Director and Head of Global Ratings Services. He is based in Paris and is a member of the S&P Global Ratings Executive Committee. Mr. Le Pallec oversees a group of 2,200 analysts and support staff present in 28 countries and covering more than one million outstanding ratings on entities and securities across a wide range of sectors including governments, corporations, financial institutions and structured finance.
Mr. Le Pallec has held a diverse set of responsibilities in his career at S&P.
In 2016, he was Head of Global Corporate Ratings, a group composed of 500 analysts responsible for analyzing over 4,000 non-financial corporations worldwide.
From 2011 until 2015, he was responsible for S&P's market leading credit ratings business in EMEA, leading a team of over 900 rating analysts and support staff operating from 12 offices.
Previously, Mr. Le Pallec was Head of EMEA Corporate and Government Ratings, after occupying various managerial and analytical positions in the Insurance and Sovereign & Public Sector groups.
Mr. Le Pallec was previously a member of the CRISIL Board from February 17, 2012 to July 19, 2016; he resigned pursuant to a role change at S&P Global Ratings.
Before joining S&P in 1999, Mr. Yann Le Pallec was a Senior Manager with the Paris-based audit firm Salustro Reydel.
Mr. Le Pallec holds a master's degree in Business from Ecole Supérieure des Sciences Economique et Commerciales (ESSEC) in France.
Mr. Yann Le Pallec is not in any way related to any of the directors of CRISIL. Mr. Le Pallec is not debarred from holding the office of a director by virtue of any SEBI order or any other such authority.
CRISIL Limited
Corporate Identity Number: L67120MH1987PLC042363
Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001
www.crisil.com
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CRISIL Limited published this content on 03 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 October 2022 22:14:28 UTC.