by Suman Gupta
Mumbai: 13th March 2023 : Mumbai-based asset securitisation and reconstruction company, Invent Assets Securitisation and Reconstruction Pvt. Ltd has appointed well known banker Mr Jagdish Capoor as its Chairman. The appointment was made by the board of the company at its meeting held recently in Mumbai.
Mr Jagdish Capoor has had an illustrious career in the finance sector having served as the Deputy Governor of the Reserve Bank of India. He has also been the Chairman of HDFC Bank and the Bombay Stock Exchange (BSE) and has served on the boards of several leading banks like State Bank of India, Bank of Baroda, National Housing Bank, NABARD and EXIM Bank among others.
Speaking about the appointment, Mr Pankaj Gupta, Vice Chairman, Invent Assets Securitisation and Reconstruction said, “We are fortunate to have an eminent and respected professional like Mr Jagdish Capoor on our board as Chairman of Invent Assets Securitisation and Reconstruction. His vast experience in this space and in the industry overall will be of immense value to our growth plans in the years to come.”
About Invent Assets Securitisation and Reconstruction Pvt. Ltd: Invent Assets Securitisation and Reconstruction was promoted by a group of professionals from diverse fields with outstanding calibre. It has been set up as a private Asset Securitisation and Reconstruction Company under the Securitisation Act, 2002, and commenced operations in 2009.
The company offers a wide array of services to help banks and financial institutions in channelising resources and realising value from non-performing assets (NPAs) locked with them. It aims to become the most influential advisor cum player in this business segment with the right information, knowledge and experience enabling securitisation and reconstruction of hitherto languishing assets thereby revitalising economic growth in the country.
The company works with a strong team of professionals from diverse backgrounds like administrators, bankers, chartered accountants, finance professionals, lawyers etc., each bringing rich and valuable experience to the table.
