ARCIL Appoints Kartik Manimuthu as Chief Technology Officer
ARCIL appointed Kartik Manimuthu as Chief Technology Officer effective October 01, 2026. Manimuthu has over 10 years of experience in FinTech and AI/ML. He previously managed technology investments exceeding ₹100 Crore and led cloud transformation initiatives.
The appointment of a CTO is a significant management role that can influence the company's technological direction and operational efficiency, thus having a medium-term impact.
The appointment of a new CTO is a routine management change and does not inherently bring positive or negative financial implications to the company.
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 of the company.
Mr. Manimuthu brings over 10 years of extensive experience in FinTech, Cloud Transformation, Artificial Intelligence, Machine Learning, and Data Engineering. Previously, he served as Senior Director – Engineering, AI & Data at SMC Group, where he was instrumental in shaping the organization's AI/ML and enterprise data strategy. He has a proven track record in leading significant technology transformation initiatives, including migrating from legacy systems to scalable hybrid-cloud ecosystems and managing technology investment portfolios exceeding ₹100 Crore.
His expertise also includes building AI/ML and Data functions from scratch, with a focus on Generative AI, LLMs, data platforms, automation, cybersecurity, and FinOps. Prior to his role at SMC Group, Mr. Manimuthu held leadership positions at Scrut Automation and BYJU'S, contributing to engineering leadership, cloud architecture, platform transformation, and enterprise technology.
He holds a B.Sc. in Computer Science from the University of Mumbai. This information is disclosed as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details will be available on ARCIL's website under corporate governance.
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Asset Reconstruction Company (India) Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Asset Reconstruction Company (India) Limited. Read the original for the full detail.