Mishra takes charge as CEO of Association of Asset Reconstruction Companies

Hari Hara Mishra has assumed the position of CEO of the Association of Asset Reconstruction Companies.

The Association, which is the voice of all Asset Reconstructors (ARCs), has been in operation for more than eight years. Currently, there are 28 ARC agencies registered with the Reserve Bank of India.

Mishra, who worked with State Bank of India from 1982 to 2004, Administrator, has been associated with the Asset Reconstruction sector since those formative days (2004) till date, in various ARC functions in Executive and Director roles.

“ARCs are going through a difficult phase in terms of lack of trust with their various stakeholders. My primary goal will be to restore confidence in the work of ARCs by focusing on a win-win strategy and unlocking value for all players in the broader ecosystem.