NARCL headhunting for core team begins ahead of launch in July

Invites quotes from Aon to help it in the hiring process

Gearing up for its launch in July, the National Asset Reconstruction Company (NARCL) is in the process of finalising its core team and has invited quotes from a professional recruitment agency to help it in the hiring process.

NARCL and the new asset management company (AMC), through the Indian Banks’ Association, have invited quotes from human resources consultancy firm Aon to assist them with hiring professionals, said an official. Aon will also help in preparing a management charter.

Although hiring from the market will take a while, the functioning of NARCL will not be impacted. The contributing public sector banks (PSBs) will