
Shubham Jain Resigns As Group CSO At ICRA; Abhishek Dafria Appointed Successor
Shubham Jain, Group Chief Strategy Officer, forming part of the Senior Management of Investment Information and Credit Rating Agency (ICRA) Limited, has resigned from the services with effect from May 27, 2025.
Abhishek Dafria has been nominated to succeed Jain as Head of Group Strategy & Business Transformation with effect from May 28, 2025.
Dafria joined ICRA in 2008 and has held various roles across corporate and structured finance functions. Prior to his current role, he served as the Group Head of ICRA’s Structured Finance team for over five years and was a member of ICRA’s Rating Committee. He has a total of 17 years of experience in credit ratings and research, focusing on maintaining rating accuracy and offering insights to support investor decision-making. His work has spanned multiple responsibilities aimed at aligning analytical approaches with market requirements. Dafria holds a postgraduate diploma in management (PGDM) from the Indian Institute of Management (IIM), Lucknow.