THE VISION
Our vision is for ACRAA to become an Asian regional institution of influence in enforcing the highest standards of credit rating discipline, providing the framework of cooperation for an effective infrastructure of investment information that promotes both local and regional investment flows, particularly through the Asian bond market.
Objectives
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.
Founding Board of Directors & Officers 2001
From left to right: Mr. Suresh Menon, Director & Chairman of Training Committee; Mr. Pranab Kumar Choudhury, Vice Chairman; Mr. Kazuo Imai, Chairman; Mr. Rajagopalan Ravimohan, Director & Chairman of Best Practices Committee; and Santiago F. Dumlao, Jr., Director & Secretary-General.
Articles of Association of the Association of Credit Rating Agencies in Asia
OUR BOARD OF DIRECTORS
Mr. Atsushi Masuda
Chairman
Atsushi Masuda served as General Manager of International Department of JCR since April 2016 till May 2020 and as Chief Analyst of the International...
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Mr. Mehul Pandya
Vice Chairman
Mr Mehul Pandya is the Executive Director with CARE Ratings, India. As the Head of CARE’s business in India and abroad, he is responsible for providing...
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Mr. Faheem Ahmad
Director
Mr. Faheem Ahmad is the founder of VIS Credit Rating Co. Ltd., Pakistan and founder shareholder of IIRA, Bahrain...
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Ms. Grace Lee
Director
Grace Lee is the President and Chief Executive Officer of Taiwan Ratings Corp. (TRC), Taiwan's leading credit rating services organization...
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Dr. Yan Yan
Director
Mr. Yan is the Chairman and President of China Chengxin International Rating Co., Ltd (“CCXI”), the leading company of China’s credit rating industry...
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Mr. Sakda Pongcharoenyong
Director
Mr. Sakda Pongcharoenyong Joined TRIS Rating in 2016. He was entrusted to lead the company as President of TRIS Rating in 2018 ...
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Ms. Irmawati Amran
Director
Ms. Irmawati Amran is the President of the Indonesia Credit Rating Agency (PEFINDO). Before joining PEFINDO in ...
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Mr. Santiago F. Dumlao, Jr
Secretary General
Santiago "Santi" F. Dumlao, Jr. is founding director and convenor of ACRAA, and has been its Secretary General since the organization...
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Ms. Mildred F. Velayo
Executive Assistant
Mildred “Mitz” F. Velayo is the Executive Assistant of the Association of Credit Rating Agencies in Asia (ACRAA) since 2012. Prior to joining...
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