Mumbai, India – 05 September 2011 – Experian Credit Information Company of India Pvt Ltd, the first CICRA licensed credit bureau in India, today announced the appointment of Mr. Mohan Jayaraman as Managing Director. He will be responsible for leading Experian’s Indian Credit Bureau joint venture into its next growth phase by further accelerating the roll out of Experian’s global products and services in India.
Mohan takes over from Phil Nolan, who will take up the role of Managing Director of the recently established Experian Credit Bureau Joint Venture in Australia. Mohan Jayaraman joined Experian in November 2010 as the Chief Operating Officer. Prior to joining Experian, Mohan worked with ICICI Bank for eight years in various senior management roles. His most recent position was Joint General Manager and Head of Payment Solutions, Enterprise Analytics and Retail Structured Finance.
Mr. T. S. Narayanasami, Chairman, Experian Credit Information Company of India Private Ltd and former CMD, Bank of India and ex-Chairman of IBA, said: “The Board of Directors of Experian Credit Information Company of India are confident that Mohan’s extensive experience of managing one of India’s largest retail card books and heading one of the largest business intelligence units in India makes him the natural choice for the role as we look to further accelerate our growth in the country.”
Commenting on Mohan’s appointment, Richard Fiddis, Managing Director of Strategic Markets at Experian, said: “Operating 16 consumer and 12 business credit bureaus around the world, we understand the importance of moving talent around the globe to ensure experienced people are involved in the crucial early days of a new venture. Phil has done a great job of getting our Indian Credit Bureau business established over the last three years and we wish him well in leading a similar Credit Bureau start up joint venture in Australia. Mohan is ideally suited to taking the Indian business forward now by addressing the unique and growing needs of the Indian financial community. I am confident that our clients in India will benefit from Mohan’s extensive experience of driving innovation in the Indian consumer banking environment.”
Experian helps organisations to leverage data and analytics to better manage the risk and reward of their commercial decisions. Experian Credit Information Company of India Private Limited currently has more than 150+ members including private sector, public sector, cooperative banks, regional banks and NBFCs.
Experian is the leading global information services company, providing data and analytical tools to clients in more than 80 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2011 was US$4.2 billion. Experian employs approximately 15,000 people in 41 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.
For more information, visit http://www.experianplc.com