We are delighted to share that Horton International India has successfully completed a Search and placed Ajay Mahajan in the position of MD & CEO for – CARE Ratings. Ajay has joined CARE Ratings for five years from 15th April.
The search was conducted by Dr. Deependra (Dipy) Nigam, Managing Partner.
“This was an unparalleled career opportunity for the right person to leave a legacy and impact on the financial sector and industry as a whole.”
“Ajay has over three decades of varied experience in the BFSI sector.
He is an accomplished leader with an established record in leading and executing transformational engagements in this segment. “
Ajay Mahajan has worked in organizations like Bank of America where he started his career in 1990 and went on to become MD & Country Head of Global Markets Group.
In BankAm, Ajay also led the initiative of building the first 100% foreign owned NBFC in the country to do primary dealership and credit fixed income.
Thereafter, he worked in various entrepreneurial assignments including being a part of the management team at inception of Yes Bank in 2004, building UBS’ maiden branch in India in 2008 and then working in a hugely transformative role in IDFC which converted from being an Infrastructure Financing NBFC to a full service commercial bank. Ajay spent the 7 years at IDFC Bank, building teams, systems, processes and cutting-edge technologies to support the wholesale bank’s growth. During this stint, he was responsible for large corporate banking, Mid-Market Banking, FIG, International Banking, Government Banking, Transaction Banking, Financial Markets & SME.
Ajay has served as a Director on the Board of Fixed Income Money Markets and Derivatives Association of India (FIMMDA), promoted by banks and financial institutions to facilitate the development of securities and derivatives markets in India.
CARE Ratings provides the entire spectrum of credit rating that helps the corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own risk-return expectations. CARE Ratings has been in business for the last 25 years and has established itself as the second-largest credit rating agency in India.
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Horton International is a Global Retained Executive Search firm specialising in the recruitment of senior talent across numerous disciplines.
We are present in 30 countries and have 41 offices across the globe.
Our expertise in India & Area is in :
CEOs and Board level; Sales & Marketing; Finance, Commercial, Legal & Secretarial; Supply Chain & Operations and Human Resources functions – across BFSI, Consumer (FMCG, Logistics, Retail, Education, Durables, Hospitality..) Infrastructure and Industrial /Manufacturing.
At Horton India, each of our Consultants have been CEOs / COOs in midsize MNCs / leading Indian companies, and bring an understanding of a Corporate Leader’s real life challenges which lend to better recruitment at Top / Senior Management levels.
Dr. Nigam has over 35 years of experience in Executive Search, Banking & Financial Services; Real Estate / Infrastructure; Consumer Goods & Services (Retail, Media, Education); Industrial/Manufacturing