Office Bearers

Mr. Sanjay Tibrewala - Chairman

Sanjay Tibrewala is currently working as MD of Phoenix ARC Private Limited. Sanjay is a Chartered Accountant, Cost Accountant and Company Secretary with more than 24 years of post-qualification experience in Manufacturing, Banking and Financial Services.

 

 


Mr. Pradeep Goel – Vice Chairman

Mr. Pradeep Goel is currently working as Chairman and Managing Director of Prudent ARC Limited. He has work experience of 27 years as an industrialist, entrepreneur in the field of Iron and Steel. During his professional carrer, he has been actively involved in establishment of businesses such as Power Projects – Thermal, Hydro & Solar and Pharmaceutical, Engineering, Ship-breaking, Real Estate, etc.

 

 


Mr. Sanjay Jain - Secretary

Sanjay is presently working as the CEO of Aditya Birla ARC Limited since August 2018. He is responsible for overall business development and growth of the Company. Prior to joining Aditya Birla ARC Limited, Sanjay was associated with SBI Capital Markets Limited, State Bank of India, JM Financial Institutional Securities Limited and Asset Reconstruction Company (India) Limited.
He has over 25 years of work experience across financial markets at senior positions covering Restructuring and Resolution of Stressed Assets, Debt & Equity Capital Markets, Mergers & Acquisitions and Project & Corporate finance.
Sanjay is a rank Chartered Accountant from The Institute of Chartered Accountants of India. He has completed his Masters in Commerce from the University of Rajasthan in the year 1989.

 

 


Mr. Manish Nihalani - Joint Secretary

Mr. Nihalani is finance post graduate with an experience of more than 21 years in the field of Banking, Recovery & Resolution of Retail/ SME and Large Corporate, Managing Institutional Relationship, Asset acquisition & Evaluation, Investments & Fund raising. He started his finance career with Aditya Birla Group. He Joined ICICI Bank in 2006 and worked on Asset Resolution and later joined one of the largest PRA of ARCIL in NPA resolution. He is handling Acquisitions, Recovery & Business Development as COO and CFO in Alchemist ARC.

 

 


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. Chandan Churiwal - Managing Committee Member

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.

 

 


Shri Pramod Gupta - Managing Committee Member

Mr. Gupta has over 23 years of experience across finance functions in various industries namely Oil & Gas, Infrastructure, Energy & Chemicals. Mr. Gupta is a Chartered Accountant and Company Secretary. His has experience across functions such as treasury, business leadership, international projects, mergers and acquisitions, project evaluations, fund sourcing, etc. As CFO, he is in charge of finance, accounts, taxation, budgeting and rating process. He has been working with Arcil since August 2012.

 

 


Mrs Mythili Balasubramanian - Managing Committee Member

Mythili Balasubramanian is a finance professional with four decades of experience in the Banking sector. She has extensive experience in Recovery and Resolution of NPAs, IBC (NCLT) process, Corporate and Retail banking, Treasury and Capital Market, financial structuring and project appraisal. In her previous association with IDBI Bank, she was part of the core team which set up the Mutual Fund subsidiary for IDBI, developed a strong equity research team and introduced two innovative MF products. She superannuated from IDBI Bank Ltd in November 2018 as Executive Director. She has also served as Chairperson of CDR Empowered Group and has held directorship as an IDBI nominee on the Board of various companies such as Kirloskar Electric Company Ltd, Suzlon Energy Limited , Nagarjuna Oil Limited, Karnataka State Industrial and Investment Corporation, IDBI Trusteeship Services Limited and Asset Reconstruction Company (India) Limited (as Board Chairman). She holds a Bachelor’s degree in Science from University of Mysore.

 

 


Mr R. Mallikarjuna - Managing Committee Member

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. 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.

 

 

Members

Association of ARCs in India is a Representative Body of Asset Reconstruction Companies registered with Reserve Bank of India.