The Appointment Committee of the Cabinet (ACC) has approved the appointment of David Rasquinha as Deputy Managing Director (DMD), EXIM Bank of India from the date of taking over the charge of the said post. He is presently the Executive Director, Export-Import (EXIM) Bank.
He headed the Overseas Lines of Credit and Structured Trade Finance Groups of the Exim Bank. David 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 areas of Treasury, Multilateral Agency Funded Projects, Planning & Research, Risk Management, Trade Finance, Project Finance and Project Exports. He was a 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 served as a member on the Working Group set up by Reserve Bank of India for working capital finance to software units.