IARC appoints Abhishek Maheshwari as MD & CEO

International Asset Reconstruction Company (IARC) has announced, the appointment of Abhishek Maheshwari as its new Managing Director & Chief Executive Officer. Founded in 2002 following the passage of India’s SARFAESI Act, today IARC is well-established among India’s leading asset reconstruction companies, and maintains offices in New Delhi, Mumbai, and Chennai.

Abhishek Maheshwari brings with him over two decades of deep expertise in distressed debt management, debt collections, and recovery practices across global markets. His leadership experience spans across India, the US, the UK, Europe, and the Asia-Pacific region working with top financial institutions to deliver impactful outcomes in credit and collections management.

Commenting on the appointment, Praveen Kadle, Chairman, IARC said: “We are delighted to have Abhishek Maheshwari join IARC as Managing Director & CEO. Over the years, IARC has built a strong legacy as a trusted partner in the debt resolution space. The industry today stands at a crucial point, requiring both stability and innovation. Abhishek’s diverse global exposure and leadership experience make him well suited to guide IARC in consolidating its institutional strengths while preparing for the opportunities that lie ahead.”

Commenting on his appointment, Abhishek Maheshwari, Managing Director & CEO, IARC said: “It is a privilege to be entrusted with this responsibility at IARC, an organisation that has consistently demonstrated credibility and resilience in the debt resolution domain. The sector is evolving rapidly, influenced by shifting borrower behaviour, regulatory priorities, and the growing role of digital and analytical solutions. My focus will be on leveraging these shifts to further enhance operational effectiveness and build on IARC’s reputation as a future-ready organisation serving the financial ecosystem.”

Prior to joining IARC, Abhishek was a Partner with the Boston Consulting Group (BCG), where he was instrumental in establishing a robust debt collections and recovery practice for the Asia-Pacific region. He worked closely with leading global financial institutions to drive their collections transformation agendas through advanced analytics, technology adoption, and innovative operating models delivering significant improvements in credit cost, collections efficiency, and customer experience.

Abhishek also co-founded and served as the Chief Operating Officer of Encore Asset Reconstruction Company (Encore ARC), one of the first retail-focused ARCs in India. At Encore ARC, he spearheaded the development of industry-leading distressed retail debt pricing models and set up a differentiated omni-channel collections framework, laying a strong foundation for the business. In addition, he held senior leadership roles at Encore Capital Group, the parent company of Encore ARC, where he contributed across strategy, analytics, decision sciences, and operations. His responsibilities spanned diverse retail financial products, including credit cards, retail loans, and SME loans.

Abhishek holds a Bachelor’s degree in Electronics Engineering from IET Lucknow and an MBA from IIM Bangalore.

EoM.