Swagat Goyal, a seasoned banking professional with over 15 years of dynamic experience, has joined Encore Asset Reconstruction Company as the India Head – Operations, Strategy & Centre of Excellence (CoE). In this critical role, Swagat will lead pan-India operations, steer resolution strategies, and drive innovation through the CoE by embedding technology into stressed asset management practices.
Prior to this, Swagat was with Hero Fincorp where he successfully led the Stress Assets Group. His efforts in cleansing the written-off corporate finance portfolio delivered measurable improvements in profitability and operational efficiency. His earlier tenure at UCO Bank, which spanned over a decade, saw him handle diverse responsibilities across credit, agri-lending, MSME and retail banking, government business, and stressed assets. He held key leadership roles across strategic geographies such as Bengal, Punjab, Himachal Pradesh, Haryana, and Delhi—earning industry-wide respect for his ability to manage credit, business development, and recovery functions with equal dexterity.
Known for his sharp strategic instincts and executional excellence, Swagat has quickly emerged as a visionary leader in the banking and asset management ecosystem. His deep-rooted experience and nationwide exposure position him well to support Encore ARC’s broader mission of reshaping the asset reconstruction landscape in India.