IRARC’s Avinash Kulkarni to head India Debt Resolution Company
- The chief govt of India Resurgence Asset Reconstruction Firm (IRARC), Avinash Kulkarni, has been chosen to head the India Debt Decision Firm (IDRCL). Kulkarni is a (SBI) veteran, having undertaken numerous roles on the public sector behemoth.
- His engagements on the SBI group have included assignments within the funding banking and advisory arm, Capital Markets.
- Kulkarni’s appointment follows another SBI veteran Natarajan Sundar being selected as CEO of the National Asset Reconstruction Company Limited (NARCL) in April. Sundar took over as the CEO at the end of May. Both appointments now mean that the key executive leadership to run the government-backed ARC is in place.
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Published date : 29 Jun 2022 06:02PM