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Neeraj Sahai, the former Citigroup banker poached to run Standard & Poor’s credit rating agency, is leaving the company after less than two years.
Mr Sahai’s resignation was a surprise outcome of a management reshuffle and corporate restructuring at S&P’s parent company, McGraw Hill Financial, following its $2.2bn acquisition of research firm SNL Financial.
John Berisford, who is vice-president of human resources at MHFI, will run the ratings business on an interim basis. As part of the reshuffle, the current head of S&P Capital IQ, Imogen Dillon Hatcher, is to become permanent head of Platts, MHFI’s commodities research arm.