WebConnect

11 May 2010

IDEAcarbon management team expands with leading executive from S & P

Krishna Biltoo, a highly experienced senior executive in the financial information sector, will join IDEAcarbon from May 2010 as CEO of IDEAcarbon Markets and Executive Vice-President of IDEAcarbon group. His expertise covers credit market analysis and risk management, as well as the management of large-scale and innovative information projects. Mr. Biltoo’s most recent position was Managing Director and Head of Fixed Income Solutions at S&P where he oversaw a fourfold growth of the business between 2003 and 2010 in the EMEA region. Prior to this, his roles included Head of Information Services with CreditTrade and as well as leading global groups serving FX, Money and Credit markets at Reuters. He was also previously a non-executive Director of The RiskMetrics Group.

“We are very pleased that Krishna Biltoo is joining IDEAcarbon. He has a track record of first class management and commercial skills acquired in very relevant information and risk-related businesses and geographies. Krishna’s entrepreneurship will enable the IDEAcarbon product suites, and those of The Carbon Rating Agency, to scale on to the desktops of risk managers, investors, and others who are building regional and global markets in environmental assets” said Mr Ian Johnson, Chairman of IDEAcarbon. IDEAcarbon recently announced a working alliance with ICRA Online and an MoU with Infrastructure Development Finance Corporation (IDFC), a premier Indian financial institution

On his appointment, Mr. Biltoo said: “IDEAcarbon and the Carbon Rating Agency have pioneered and developed strategic/market research and risk management tools in the environmental space. I am delighted to be joining such a cutting edge firm, and one with such great growth opportunities”

 

About IDEAcarbon

IDEAcarbon, with its head offices in the U.K, is an independent and professional provider of ratings, research and strategic advice on carbon finance. Founded by Shandi Modi, CEO and Ian Johnson, Chair and formerly Vice President of the World Bank, it is part of the IDEAGlobal group whose advisors include Lord Nick Stern and Nitin Desai. Its services are designed to provide leading financial institutions, corporations, governments, traders and developers with intelligence and analysis of the factors that affect the pricing of carbon market assets. The IDEAcarbon team are leading experts in the carbon and energy markets. They combine policy and financial intelligence with proprietary tools for the analysis of credit risk. Their techniques assist their clients to manage and mitigate risk in today's uncertain global carbon markets. For more information please visit: www.ideacarbon.com

About the Carbon Rating Agency

The Carbon Rating Agency is a wholly owned subsidiary of IDEAcarbon. Its mission is to improve the functioning and efficiency of the carbon markets. The Carbon Rating Agency's ratings and opinions are unencumbered and independent - it does not trade, buy, sell or originate carbon credits. Further details of the Carbon Rating Agency’s approach to rating carbon assets are available at www.carbonratingsagency.com

Media Contacts: Kreab Gavin Anderson 020 7074 1800

ideacarbon@kreabgavinanderson.com

Matt O’Leary

Renfeng Zhao

 

Disclaimer:

All information contained herein has been obtained by IDEAcarbon from sources believed by it to be accurate and reasonable. Although reasonable care has been taken to ensure that the information herein is true, such information is provided ‘as is’ without any warranty of any kind, and IDEAcarbon in particular, makes no representation or warranty, express or implied, as to the accuracy, timeliness or completeness of any such information. All information contained herein must be construed solely as statements of opinion.