Press Release: The Global Credit Data Consortium appoints Ramadurai Krishnan as CEO
Global Credit Data (GCD) is the world's largest consortium of banks dedicated to sharing loan and default information. Founded in 2004 and legally incorporated in the Netherlands, GCD is owned by around fifty of the world’s largest banks, aiming to share their loan default and loss experience. Key activities are data collection and sharing, with over half a million defaulted commercial loans reported over more than 20 years.
Ramadurai Krishnan will join as CEO from the 3rd of June 2024. Krishnan has many years of senior level Banking and Risk Management experience at HSBC and Fitch Ratings and success as the International Chamber of Commerce (ICC) Trade Register Chair. Krishnan is well known in the finance industry for his advocacy and thought leadership in the area of credit risk and trade policy. He has vast experience of collaborating with sector colleagues to produce research reports covering credit risk, securitization frameworks and trade policy.
GCD’s Chairman, Simon Ross-Hansen says that he expects Krishnan’s experience and deep industry engagement to propel GCD into even more strongly assisting the industry with data, standards, and methods for measuring and modelling Basel Credit Risk, IFRS9 and ESG (Environment, Social & Governance).
For more information please see www.globalcreditdata.org or contact secretary@globalcreditdata.org
