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Other Financial Services
Management Change1 Oct 2026, 04:13 pm

ARCIL Appoints Kartik Manimuthu as Chief Technology Officer

AI Summary

Asset Reconstruction Company (India) Limited (ARCIL) has announced the appointment of Mr. Kartik Manimuthu as its Chief Technology Officer (CTO), effective October 01, 2026. Mr. Manimuthu will also be part of the Senior Management Personnel. He brings over 10 years of experience in FinTech, Cloud Transformation, AI, ML, and Data Engineering. Previously, he was Senior Director – Engineering, AI & Data at SMC Group, where he led AI/ML and data strategy, managed technology investments exceeding ₹100 Crore, and oversaw significant cloud transformation initiatives. His prior roles include leadership positions at Scrut Automation and BYJU'S. Mr. Manimuthu holds a B.Sc. in Computer Science from the University of Mumbai.

Key Highlights

  • ARCIL appoints Kartik Manimuthu as CTO, effective October 1, 2026.
  • Manimuthu has over 10 years of experience in FinTech and AI/ML.
  • He previously managed technology investments exceeding ₹100 Crore.
  • Appointment strengthens ARCIL's senior management and technology focus.