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About Us

ACRAA was organized on 14 September 2001 at the Asian Development Bank headquarters, Metro Manila, by 15 Asian credit rating agencies from 13 countries. As of May 1, 2007, membership has increased to 25 members from 14 countries. Please see ACRAA Directory of Members.

ACRAA's Objectives (as stated in the Articles of Incorporation)

The Association of Credit Rating Agencies in Asia is organized for the following purposes:
  • To develop and maintain cooperative efforts that promote interaction and exchange of ideas, experiences, information, knowledge and skills among credit rating agencies in Asia and that would enhance their capabilities and their role of providing reliable market information.

  • To undertake activities aimed at promoting the adoption of best practices and common standards that ensure high quality and comparability of credit ratings throughout the region, following the highest norms of ethics and professional conduct.

  • To undertake activities aimed at promoting the development of Asia's bond markets and cross-border investment throughout the region.

Board of Directors and Officers


The newly elected members of the Board of Directors & officers who will serve for two-year term 2008-2009. 

Chairman Mr. Kazuo Imai
General Manager,
International Department
Japan Credit Rating Agency, Ltd.
Vice Chairman    Mr. Pranab Kumar Choudhury
Vice Chairman & Group CEO
ICRA Limited
Members  Mr. Suresh Menon
Executive Director
RAM Rating Services Berhad
  Mr. Kahlil Rowter
President Director
PEFINDO Credit Rating Indonesia
  Mr. Hyeok Keun Yoo
President
Korea Investors Service, Inc.
  (Note:  Mr. Yoo replaced Dr. Cayetano Paderanga, Jr. of PhilRatings)

Committee Chairmen


Best Practices Dialogue   Mr. Pranab Kumar Choudhury.
Chairman
Regulatory Relations Committee Mr. Kazuo Imai
Chairman
Training Committee  Mr. Suresh Menon
Chairman
        
 
 
 
 
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