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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