David Rasquinha appointed as Managing Director of Exim Bank

Prior to this appointment, Rasquinha was the Deputy Managing Director of the Bank, holding additional charge of Managing Director.

A first class graduate in Economics from Mumbai University and a post graduate in Business Management from XLRI Jamshedpur, Rasquinha joined Exim Bank in 1985 and since then has had a wide ranging exposure to the broad field of export credit, having worked in the diverse groups of the Bank, inter alia, Treasury, Multilateral Agency Funded Projects, Planning & Research, Risk Management, Lines of Credit, Trade Finance, Project Exports, Human Resources, Information Technology and Corporate Communications.

Rasquinha was a key member of an Exim Bank team that conducted a feasibility study for setting up an export credit agency for the Gulf Co-operation Council countries.

He has also served as a member on Working Groups set up by the Reserve Bank of India on issues of relevance to software exports and export credit.

From 1999-2004, he was posted as Resident Representative at the Bank’s office in Washington DC where he focused on building up Indian companies procurement-led participation in World Bank assisted projects, as also setting in place export lines of credit to banks and regionals in Latin America/Caribbean.

As the first Chief Risk Officer of the Bank in 2005, he set in place systems and procedures for risk management including a comprehensive Credit Risk Model with the assistance of CRISIL.