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Stock Holding Corporation of India (SHCIL) on Monday said that it has appointed Mr Ashok Motwani as its new Managing Director and CEO.
Mr Motawni, who succeeds Mr R.C. Razdan, has over 29-years of experience in diverse areas such as investment and corporate banking, project advisory, structured finance, debt syndication, a press release issued here said.
Prior to joining SHCIL, Mr Motwani served as the Chief General Manager at IDBI Bank and also worked as Managing Director and CEO of IDBI Trusteeship Services for four years.
Mr Motwani has also worked with Asset Reconstruction Company of India and Small Industries Development Bank of India, the release said.
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