Indian American executive Neeraj Sahai appointed as S&P Rating President

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Indian American Neeraj Sahai appointed S&P Rating President
Standard & Poor's Rating Services, the largest credit rating agency globally, appointed Neeraj Sahai as its President. Currently heading Securities and Fund Services (SFS)  business unit and also the Chief Fiduciary Officer of the Citigroup, the Indian American executive as per the McGraw Hill Financial Inc., the parent company of S&P, will assume the role and responsibility from January 6, 2014.

Neeraj Sahai, a post graduate in economics from the University of Delhi and an MBA graduate from Clarkson University, will succeed Peterson Douglas who recently assumed the position of the Chief Executive Officer of the parent company. Sahai's competency for the role was affirmed by the statement of Peterson in the press release  "He has significant experience serving global capital markets. His insights, leadership and background in driving growth, as well as in risk, control and governance will be enormously valuable to Standard & Poor's Rating Services, to market participants and to credit markets. As debt markets expand around the world to finance the increasing demand for development and infrastructure projects, S&P and its 1,400 highly trained analysts will be there to offer widely recognized and globally comparable measures of relative credit risk. Neeraj will be leading a world-class brand that, together with our other benchmarks and analytics products, provide essential intelligence to the capital and commodity markets."

Further evincing his excitement to assume the responsibility Sahai was quoted saying "I am eager to get started, to work alongside S&P's deeply talented employees and to build on the progress Doug and the management team have achieved".

Standard & Poor's Ratings Services, a subsidiary company of McGraw Hill Financial, provides research services in the area of credit risk. The company is engaged in publishing over a million report on credit rating on debt instruments issued by different agencies including corporate, financial, municipal and sovereign sector.

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