Mr. Narang is one of India’s most prominent bankers with deep expertise in credit origination, debt reconstruction and private equity in the financial services space. He currently serves on the board of 12 of India’s companies which include leading publicly listed companies such as Dish TV India Limited, VA Tech Wabag Limited (as Chairman), Shivam Autotech Limited and Karvy Financial Services Limited. Mr.Narang also advises portfolio companies of leading PE firm Multiple Asset Management as well as ICICI Private Equity. In the recent past he was CEO of a leading Asset Reconstruction Company focused on distressed Commercial asset in India, and led to its successful IPO on the London Stock Exchange.
During his 40+ year career in the Indian banking industry, Mr Narang was General Manager of Union bank of India, Executive Director of Punjab & Sind Bank before he held the coveted position of the Chairman and Managing Director of Oriental Bank of Commerce where he took the bank from a $400m Market Cap Co to a Billion Dollar bank in less than 3 years.
Mr Narang has held coveted positions in the Indian Banking industry, including IBA's Advisory Committee on Non Performing Asset Management, CDR Mechanism, DRT, ARC etc., elected as a Fellow and Member of Governing Council of the Indian Institute of Banking & Finance, Mumbai, elected as Deputy Chairman of Indian Banks Association, Mumbai.
Amongst many prestigious awards, Mr Narang was recipient of Business Standard “Banker of the year” Award for his highly successful acquisition of Global Trust Bank and merging with Oriental Bank of Commerce creating a national banking powerhouse.