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EXIM Bank gets new Managing Director

Mr. David Rasquinha has taken over as the Managing Director of Export-Import Bank of India (Exim Bank). Prior to this appointment, Mr. Rasquinha was the Deputy Managing Director of the Bank, holding additional charge of Managing Director, says a release on 16th August.

A first class graduate in Economics from Mumbai University and a post graduate in Business Management from XLRI Jamshedpur, Mr. 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. 

 Mr. 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. He has benefited from a number of specialised training programmes both in India and abroad. Mr. Rasquinha has lectured on various aspects of export financing at the National Institute of Bank Management, the Reserve Bank of India's Bankers Training College, the Jawaharlal Nehru Institute for Development Banking, as well as various bank training colleges, academic institutions and industry bodies in India and the U.S.A. He is a Member of the National Jury for the CII – Exim Bank Award for Business Excellence, a Total Quality Management Award based on the TQM model of the European Foundation for Quality Management. An excellent communicator, Mr. Rasquinha has had articles published in Indian and overseas newspapers.

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