Reliance Asset Reconstruction Company (RARC) today announced the appointment of Ravindra Rao as its new Chief Executive Officer.
He takes over from Asokan Arumugam, who has led RARC for the last four years and is retiring, the company said in a statement.
Rao has more than 22 years of experience across consumer lending and has worked in risk management, compliance, distribution, operations and technology, it added.
Reliance Asset Reconstruction Company is an asset reconstruction company with Reliance Capital being the principal sponsor.
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