CARE Ratings appoints Sanjay Agarwal as Chief Risk Officer
CARE Ratings has appointed Mr. Sanjay Agarwal as its Chief Risk Officer effective August 1, 2026. A qualified Chartered Accountant with over 30 years of experience, Mr. Agarwal specializes in risk management and credit analysis. He has been with the company for 16 years and currently serves as Senior Director.

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care ratings has appointed Mr. Sanjay Agarwal as its Chief Risk Officer effective August 1, 2026. The appointment strengthens the company's risk management framework, leveraging his extensive experience in the financial services sector.
Mr. Agarwal is a qualified Chartered Accountant with over 30 years of experience, specializing in risk management, credit analysis, project financing, and financial research. He has been associated with the company for the past 16 years and currently holds the position of Senior Director.
Details of Appointment
The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment details were submitted to BSE Limited and The National Stock Exchange of India Limited.
| Particulars | Details |
|---|---|
| Name | Mr. Sanjay Agarwal |
| Designation | Chief Risk Officer |
| Effective Date | August 1, 2026 |
| Experience | Over 30 years in financial services |
| Current Role | Senior Director |
The company stated that Mr. Agarwal possesses extensive industry knowledge, analytical rigor, and a strategic perspective, which will be instrumental in his new role.
Historical Stock Returns for CARE Ratings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.61% | -0.61% | +4.21% | +3.59% | -8.63% | +140.56% |
How will Mr. Agarwal's appointment influence CARE Ratings' risk assessment methodologies in the near future?
What strategic initiatives might the company undertake under his leadership to enhance its risk management framework?
Could this appointment lead to changes in the company's credit rating policies or sector-specific exposures?































