Satish Kumar Gupta

Experience

• 

  ICICI Bank

  Jan 1990 - Jan 2002

  Vice President (Various positions over a period of time)

  erstwhile ICICI Ltd, development financial institutions -relationship management and Project appraisal of medium and large sized projects.

• 

  ICICI Bank

  Apr 2002 - Jan 2006

  Corporate Banking - Responsible for relationship with Large Private and PSU corporates with large exposures of fund and non-fund based facilities.Leading a team of RMs and responsible for business development and business growth • Set up a dedicated cross functional team to evaluate and formulate strategy • Spearheaded restructuring involving multiple lenders through CDR/BIFR mechanism by way of de-mergers and setting up of SPVs, sale of assets, settlements, etc. • Adopted persuasive and innovative ways including legal for value extraction

  • Deputy General Manager & Group Head

    Apr 2004 - Jan 2006

  • Zonal Manager- Stressed Assets Management Group

    Apr 2002 - Mar 2004
• 

  Asset Reconstruction Company (India) Ltd.

  Dec 2006 - Apr 2012

  Senior Vice President & Group Head

  Responsible for workout of assets through restructuring by means of CDR/Schemes of Arrangement under 391-394 of the Companies Act/BIFR, sale of assets through securitization/DRT etc. Implemented various revival and turnaround schemes resulting in long term solutions. Experience of acquisition and resolution across various sectors such as steel, real estate, hospitality through multi-varied strategies.

• 

  JM Financial

  May 2012 - Aug 2015

  Executive Director & Head - Resolution (ARC)

  Led investment and Resolution of a large portfolio of large to medium assets across various sectors viz. real estate, infra, manufacturing industries etc with focus on completion of projects and revival and turnaround of companies.Resolution alongwith business plan alongwith its monitoring. Led large cross functional team of resolution experts. Disciplined process of investment and execution of exit plans. Formulation and implementation of turnaround/recovery strategy with simultaneous multiple plans along with engagement with various stakeholders including investors and banks.Strong on regulatory framework knowledge and compliance including rating process. Show less

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  Essar Steel

  Aug 2017 - Dec 2019

  Resolution Professional appointed by NCLT/Chairman - Monitoring Committee

  On insolvency, appointed as Resolution Professional for the largest account under IBC for managing the resolution process. Managed affairs of the company with Board of company suspended and management of company reporting for operations. Ran process for bidding with complex dynamics and two rounds of litigation right up to Supreme Court. Resulted in successful resolution of account with largest recovery of about Rs 50,000 crore for creditors.

• 

  Banking and Management Expert

  Jan 2020 - now

  Stressed Asset Professional

  Engaged in resolution of distressed debt and stressed assets across various segments with focus on turnaround management. Focus is on capital and debt restructuring with raising of funds for re-capitalisation and refinancing of debt by engagement with various stakeholders such as banks, ARCs, PE players, etc.