Mr Rahul Gupta - Chairman

Mr. Rahul Gupta is a seasoned financial services professional with over four decades of experience across multiple global organizations in major Asian economies, including India, Singapore and Japan. Rahul is currently the Managing Director and CEO of J. C. Flowers Asset Reconstruction Private Limited, India. Prior to JCF ARC, Rahul has held leadership roles at Ambit, India; Shinsei Bank, Japan; DBS Bank, Head Office, Singapore; Deutsche Bank, Asia Pacific Head Office, Singapore; HSBC, India; and Société Générale, India. Beyond his corporate roles, Rahul is also engaged in academic and social impact initiatives with Harvard University. He is a Research Associate (2022-2025) of The Lakshmi Mittal and Family South Asia Institute at Harvard University. Prior to this, he was Senior Fellow (2021 and 2020) and Fellow (2019), Advanced Leadership Initiative at Harvard University. Rahul holds a Master’s in Marketing Management from the Jamnalal Bajaj Institute of Management Studies, University of Bombay, and a Bachelor of Commerce (Honours) from the University of Delhi.

Mr. Chandan Churiwal - Vice Chairman

Mr. Chandan Churiwal is Chief Executive officer and Whole Time Director at ACRE. He has an experience of over 18 years in buying and resolving stressed financial assets. At ACRE, he has been instrumental in addition to a new AUM of more than 20,000 Crore and recoveries of more than 17,000 Crore. Prior to joining ACRE, he was working with Standard Chartered Bank (SCB), where he was managing a stressed asset book of ~USD 1bn spread across power, sugar & telecom sectors and was closely involved in multiple exits for the bank. Prior to SCB, he has worked with Yes Bank, Asset Reconstruction Company (India) Ltd. and ICICI Bank. He is an MBA from Indian Institute of Management, Bangalore.

Mr R. Mallikarjuna - Secretary

Mr R Mallikarjuna is currently working as Managing Director & CEO of M/s Pridhvi Asset Reconstruction and Securitisation Company Ltd.  He is law graduate and post graduate in Finance with work experience of over 40 years in various fields such as General Banking, Risk Management, Legal, Recovery and Resolutions. He is also registered Insolvency Professional. Prior to joining PARAS, he worked as Presiding Officer, Debts Recovery Tribunal, Hyderabad. During his career with Andhra Bank, he served in various positions with last position held as General Manager, Recovery Management and Legal.

Mr. Girish Sinha - Treasurer

Shri Girish Sharan Sinhaholds a degree in MBA - Finance (Investment & Portfolio Management). He has focused on Stressed Asset Management and financial market during his 13- year career. He started his profession, in ARCindustry, with M/S Asrec (India) Limited, where he streamlined and spearheaded the asset reconstruction business of the Company. He was also instrumental in setting & implementing ASREC's IT strategy.

Subsequently he moved to Omkara Asset Reconstruction Private Limited as Chief Operating Officer. Currently he is working as Managing Director & Chief Executive Officer of ASREC India Limited. Prior to his assignment in ARCs, he worked in Central Bank of India and Bank of India in various capacities.

Mr Phanindranath Kakarla - Managing Committee Member

Mr. Phanindranath Kakarla is the Chief Executive Officer & Managing Director of ARCIL. A distinguished leader in financial services, he brings extensive experience across banking and asset management, encompassing finance, credit risk, corporate banking, transaction banking, and distressed asset management. He has deep expertise in building and scaling institutions, driving strategic transformation, and delivering sustainable value in complex and highly regulated financial environments. As CEO & MD, he leads the organization’s strategic direction with a focus on the acquisition, resolution, and value maximization of distressed assets. He is responsible for shaping ARCIL’s growth strategy, strengthening institutional capabilities, and building a robust operating platform that integrates people, processes, and technology. He has significant experience in managing credit and distressed asset portfolios and in developing effective resolution strategies, working closely with lenders, investors, regulators, and other key stakeholders to deliver sustainable outcomes. He partners closely with the Board, regulators, lenders, and investors to strengthen the Company’s investment (acquisition) and resolution capabilities while ensuring disciplined execution, robust governance, and prudent risk management.

Mr Srinivasan Vishwanatha - Managing Committee Member

Mr. Srinivasan Viswanathan is the Chief Executive Officer of JM Financial Asset Reconstruction Company Limited. A seasoned stressed assets professional, having joined this space in 2006, he brings over 25 years of expertise to the table. Srinivasan’s previous position was with Standard Chartered Bank and other stints include those with Citibank, JP Morgan, Dun & Bradstreet, India Infoline and BNP Paribas. He has completed his MBA (Finance) from Jamnalal Bajaj Institute of Management Studies and B.Com from R.A Podar College of Commerce & Economics.

Mr Aerik Sharma - Managing Committee Member

Aerik has over 25 years of leadership experience in the financial services sector and is currently Chief Operating Officer at Encore ARC. As a founding member of the team at Encore ARC, he has been instrumental in building and profitably scaling the business from the ground up. He plays a critical role in shaping and executing the company’s growth strategy, driving operational performance, strengthening the platform’s scalability and governance. He brings in expertise in acquisition and resolution of Secured and Un-secured stressed financial assets with a proven track record of maximizing recoveries and driving portfolio performance. Prior to joining Encore, he held senior leadership roles Tata AIA Life Insurance, PNB MetLife India and Midland Credit Management where he gained strategic insights into building scalable businesses and managing investors and banking partners. Aerik is a Chartered Accountant from the Institute of Chartered Accountants of India (ICAI) and a Company Secretary. Has completed his bachelor’s degree in commerce from the University of Delhi.

Mr. Hari Hara Mishra Chief Executive Officer Association of ARCs in India

Career banker from State Bank of India (1982-2004).

Moved to the ARC Sector in 2004, when first ARC in India, ARCIL had started functioning. Associated with Asset Reconstruction Sector since those formative days till date, in various ARCs in executive and director level roles. Actively engaged in ARC Association activities since its inception in 2009 and held various elective offices including Secretary of ARC Association.

Had the opportunity to draft report of Key Advisory Group (KAG) on ARC sector (2011) appointed by Ministry of Finance. Was member of a IBA Group on NPA Sale Process and Assignment Agreement (2012), was part of CAFRAL Group on discussion paper on Distressed Assets (2013). At present, member of a IBA working group on ARCs (2023).

Regular contributor in various publications and speaker/panellist on subjects of economy and finance, distressed debt etc.