Saurav Chatterjee, CARE Ratings Africa’s Director and CEO since March 2016, is a seasoned credit professional with over 18 years of strong technical and analytical knowledge in corporate and business risk management, project viability evaluation and grooming analysts in making sound credit decisions. Associated with the CareEdge group for a major part of his career, Mr. Chatterjee has also had a stint in corporate banking at Standard Chartered Bank. Mr. Chatterjee has been instrumental in popularising the concept of Credit Rating in Mauritius and enlightened bankers, financial institutions and corporates on the significance and benefits of credit rating and its impact on reducing the cost of borrowings thereby helping them use Basel guidelines effectively to secure capital reliefs and reduce their cost of funds after assessing risk-return trade-off. Mr. Chatterjee has direct oversight in the rating of all corporates, banks and financial institutions in Mauritius and interacts regularly with their senior management. He is a member of the Rating Committee of CRAF and was a member of the Internal Rating Committee of CARE Ratings Limited for a fairly long period. He has made presentations to the regulators of various African countries on credit risk management. He was also instrumental in obtaining a credit rating license for CRAF in Kenya from the Kenyan regulators. Apart from his various functional roles and responsibilities, Mr. Chatterjee has also been an accomplished trainer and mentor for young professionals not only within the financial industry but also for students across various professional institutes, leading B- Schools and bankers in various countries in Asia and Africa, including Central bankers on credit rating concepts and credit risk management skills. Mr. Chatterjee is a Chartered Financial Analyst (CFA) from the CFA Institute, India and holds an MBA in Finance from the ICFAI Business School.
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