Vinayak Bahuguna appointed Arcil's Managing Director and CEO

The country's largest asset reconstruction company Arcil (Asset Reconstruction Company of India) has appointed Vinayak Bahuguna as its managing director and chief executive officer. Bahuguna, a former executive from Standard Chartered Bank, is likely to take charge within a week. He will replace P Rudran who completed his term in April this year. Confirming the development, Bahuguna told ET, "With the level of mounting assets under stress, there will be more to play. 

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