ARCIL appoints Phanindranath Kakarla as new CEO & MD, effective March 8
ARCIL appoints Phanindranath Kakarla as new CEO & MD, effective March 8
- •Phanindranath Kakarla has been appointed Chief Executive Officer and Managing Director of Asset Reconstruction Company (India) Ltd (ARCIL).
- •His appointment is effective March 8, succeeding Pallav Mohapatra, who completed his term as CEO and MD.
- •Kakarla joined ARCIL in April last year as President, part of a board-approved succession plan for a smooth transition.
- •ARCIL Chairman Narayanan Subramaniam expressed confidence in Kakarla's leadership for the company's next phase of growth.
- •Previously, Kakarla held senior leadership roles at the Edelweiss Group, overseeing strategic functions like finance and operations.