Sharadkumar Bhatia is a BE (Chemical) and MBA. He also holds Advanced Management Program certificate from Insead.
Mr. Bhatia has nearly four decades of experience in the banking and finance sector in India. He has held various positions in the ICICI group including as a Head of Equities at ICICI Securities Limited; Managing Director of ICICI Mutual Fund, Zonal Manager in charge of credit for Borrowers in Gujarat, Madhya Pradesh and Rajasthan, Head SAMG –Western Zone. In his ICICI stint of around 25 years, Mr. Bhatia gained extensive experience in Project appraisal, Credit monitoring, restructuring and corporate turnaround.
Mr. Bhatia was associated with Kotak Mahindra Bank Limited between March 2005 till June 2008, where he was a part of cash investments for NPA acquisition amongst other activities handled by him. Since June 2008, he has been a part of Stressed Assets business starting with being CEO of Phoenix ARC Private Limited, wherein he was assigned responsibility for setting up Phoenix ARC, built a team of qualified personnel comprising a blend of Kotak and lateral hires, mobilized funds of Rs 175 Cr. from domestic QIBs in a challenging environment. He was responsible for managing the Stressed Assets Portfolio of Axis Bank Limited from April 2013 to November, 2015. He was a Managing Director at Multiples Alternate Assets Pvt. Ltd. From August 2016 till December, 2018.
Mr. Bhatia has also served as Hon. Treasurer and Hon Secretary of Association of ARCs in India. He was deputed as Consultant to the National Development Bank of Sri Lanka for training their executives in Credit appraisal & monitoring and investment banking. He was a Member of the first Indian Business delegation to visit Taiwan in October 1992 for attracting Taiwanese investment and was a regular speaker at seminars on issues relating to distressed debt and restructuring.