RUSSIA: Dmitry GRISHANKOV steps down from the presidency of Expert RA, the Russian rating services market's leader

18 January 2019 —
Dmitry GRISHANKOV, who has been the president of Expert RA, left his post by agreement of the parties on December 30, 2018. However, he remains a shareholder and a member of the board of directors of the agency, as the rating agency reported.

"As of today, all tasks that were assigned to the president of the agency have been resolved, and in future this post will be abolished. We are really grateful to Dmitry for many years of his service at the agency and for his huge contribution to its development", explained Sergey TISHCHENKO, General Director of the agency.

The credit rating agency Expert RA, the leader of the Russian rating services market and one of the largest analytical centers in the country, was established in 1997 and is the oldest and largest Russian rating agency. Ratings of Expert RA (over 500 credit ratings) are included in official requirements for banks, insurers, pension funds, issuers and are used by the Bank of Russia, the Ministry of Finance, the Ministry of Economic development, the Moscow Exchange (MOEX) as well as most companies and authorities for conducting tenders.