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Pallav Mohapatra appointed MD & CEO of ARCIL

Sumit Arora Published On March 13th, 2021 Leave a comment

Asset Reconstruction Company (India) Ltd (Arcil) has announced the appointment of Pallav Mohapatra as its Chief Executive Officer and Managing Director. Prior to the appointment, Mohapatra was the MD and CEO of the Central Bank of India. Before being elevated as MD and CEO of CBoI, he was Deputy Managing Director, Stressed Assets Management Group, State Bank of India.

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Vinayak Bahuguna headed Arcil as MD and CEO for five years till June 2020. Arcil, which was set up in 2002, currently has assets under management (in non-performing loans) of ₹12,000 crore.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.