Key Management

Mr. Vipul Patel

Chief Financial Officer

Mr. Vipul Patel as Chief Financial Officer of the company, profession by Chartered Accountant, had more than 25 years of experience in Accounts, Finance, Audit, Taxation and fundraising. He has more than 15 years of experience in the financial service sector. Previously he was a CFO of Indian School Finance Company providing loans to educational institutions in tier 2 and tier 3 cities and Manappuram Home Finance Limited providing affordable housing loan segment. He is also part of the treasury team of Manappuram Finance Limited. He had also experience of more than 10 years in working with manufacturing organization.

Mr. Srinivasa Rao

Chief Recovery Officer

Mr. Srinivasa Rao holds a professional degree in Management from the T.A. Pai Management Institute and has more than 29 years of experience in IDBI Bank Ltd. During his career with IDBI Bank, he handled the portfolios in the areas of project appraisal and credit monitoring, resolution of stressed accounts, Recovery/NPA management, Retail Banking & Resource mobilization. He is having vast experience in resolution of stressed accounts in all domains i.e. Restructuring under RBI guidelines, BIFR, IBC and recovery through SARFAESI, DRT and Liquidation routes. He instrumental in formulation of the restructuring package for the revival NTC Mills under BIFR regime. He retired as General Manager, IDBI Bank Ltd in August 2023.

Mr. Debapriya Nishank

Chief Risk Officer

Mr. Nishank holds a distinguished academic and professional background with an M.Sc. in Statistics, FRM, CAIIB, and Diplomas in Treasury, Investment & Risk Management, and International Banking & Finance.

He began his illustrious career as a direct recruit officer in Grade 'B' (Manager) in RBI and rose through the ranks to retire as GM. Over a span of 32 years, Mr. Nishank played a pivotal role in Banking Regulation and Supervision. He led on-site supervision of hundreds of commercial banks across the public, private, and foreign banking sectors, including bank branches abroad.

Mr. Nishank represented RBI at international forums, including the Regional Banking Supervisors Conference held by the Monetary Authority of Singapore and the Seminar on Risk Management & Supervision organized by the Financial Stability Institute, Basel, Switzerland. He was instrumental in establishing the Risk-Based Internal Audit Framework for the Royal Monetary Authority, Bhutan.

Following his retirement from RBI, Mr. Nishank has continued to contribute to the financial sector. He served as CEO of an UCB, President–CRO & CCO in an ARC, and as CCO in an NBFC.

Mr. Susheel Varadkar

Chief Resolution Officer

Mr. Susheel Varadkar is the Chief Resolution Officer at Omkara Assets Reconstruction Private Limited. With over 26 years of experience in stressed asset resolution and financial restructuring, Mr. Varadkar has held leadership roles at institutions like Axis Bank, IDFC Bank, Standard Chartered Bank, CFM ARC, ARCIL, ICICI Bank, and Power Finance Corporation. An alumnus of JBIMS with an MMS in Finance, he has led landmark resolutions across various sectors bringing his in-depth expertise in IBC, SARFAESI, and Infrastructure Finance. He also holds an Engineering Graduation added with LLB Degree.

Vishal Saparia

Company Secretary

Mr. Vishal Saparia is qualified Company Secretary with experience in the area of Secretarial and Compliance. He is also a Law graduate from Jitendra Chauhan College of Law, Mumbai University. Before joining Omkara Asset Reconstruction Company he was working with CDSL.