Whalesbook
CARE Ratings Limited has appointed Dr. A Shiju Rawther as its new Chief Information and Technology Officer (CITO), effective April 1, 2026. He will succeed Mr. Nadir Bhalwani in this key role. Dr. Rawther brings a strong background in technology leadership and digital transformation from his prior positions.
With over 23 years of experience, Dr. Rawther has a proven track record in technology leadership, digital transformation, and operations. His previous roles include significant tenures at IIFL Finance and SBI Funds Management Limited, where he was instrumental in driving process re-engineering and implementing technology solutions.
The CITO position is crucial for a credit rating agency like CARE Ratings. In today's data-driven financial sector, this role oversees essential IT infrastructure, ensures data security, and drives innovation to enhance analytical capabilities and streamline rating processes. A strong technology leader is key to improving digital services and maintaining competitiveness.
CARE Ratings continues to prioritize investments in its technology infrastructure to enhance its core rating business and expand its service offerings. The company anticipates a smooth leadership transition, aiming to ensure continuity for its ongoing technology initiatives and strategic digital transformation plans.
This appointment comes as the broader credit rating industry, including peers such as CRISIL, ICRA, and India Ratings, increasingly emphasizes technological advancement and data analytics. Dr. Rawther's expertise is expected to help CARE Ratings bolster its competitive position through technology.
While CARE Ratings is focused on a seamless handover, executive transitions can involve managing knowledge transfer and maintaining project momentum. Ensuring data integrity and security remains a paramount concern during such periods.