ARCIL appoints Kartik Manimuthu as Chief Technology Officer to lead AI, cloud and data agenda

Asset Reconstruction Company (India) Limited is reshaping its technology leadership with the appointment of Kartik Manimuthu as Chief Technology Officer, effective October 01, 2026. The move places a seasoned tech executive at the heart of ARCIL’s senior management as the firm intensifies its digital agenda and strategic technology investments.

Manimuthu brings more than a decade of experience spanning FinTech, cloud transformation, AI/ML, and data engineering. Most recently, he served as Senior Director – Engineering, AI & Data at SMC Group (SMC Global Securities / Stoxkart), where he led the enterprise AI and data strategy and steered a major transition from legacy on-premises systems to a scalable hybrid-cloud environment. He also managed a technology investment portfolio exceeding ₹100 crore and built AI/ML and data functions from the ground up, with a focus on Generative AI, LLMs, data platforms, automation, cybersecurity and FinOps.

Prior stints include leadership roles at SMC Group/Stoxkart, Scrut Automation and BYJU’S, where he influenced engineering leadership, cloud architecture and platform transformation. His academic background includes a B.Sc. in Computer Science from the University of Mumbai.

ARCIL’s leadership team is positioning the CTO role as a cornerstone of its technology-forward strategy, signaling a commitment to harness AI, data and cloud capabilities to sharpen risk assessment, drive operational efficiency and enhance client outcomes in a rapidly evolving asset reconstruction landscape.