Tag: Maveric Systems

Business

Maveric Systems Welcomes Shaji Farooq to its Board of Directors

Jun 18, 2024 by Sujata Muguda 0 Comments #A leading global provider of technology services and solutions, #and a B.Tech from IIT, #BFSI, #Bombay, #CEO at Maveric Systems, #Maveric Systems, #NYU, #Ranga Reddy, #RPI, #Shaji Farooq

National, 18.06.2024: Maveric Systems, a leading global provider of technology services and solutions for Banking and Financial Services, announces the appointment of Shaji Farooq to its Board of Directors. The company is actively focusing on accelerating its next growth phase by strengthening expertise in the banking domain, building and scaling newer service lines, and augmenting technology competencies. With Shaji on board, the company aims to sharpen its focus on expanding in the US region, strengthening offerings, and driving relevant investments.

Shaji, a distinguished academic, holds an MBA in Finance from the Stern School of Business at NYU, a Ph.D. in Engineering from RPI, and a B.Tech from IIT, Bombay. In his career spanning 35 years, he has delivered transformational services globally at the intersection of Cloud, Analytics, Mobility, and High-Performance Technologies.

Most recently, Shaji served as the SVP & Head of BFSI at Atos. Before Atos, he held the prestigious position of President & CEO of the BFSI Business Unit at Wipro, overseeing annual revenues of $2.7B. Under his leadership, the BFSI unit emerged as the fastest-growing segment, consistently delivering industry-leading growth.

Earlier, Shaji held several senior-level positions at Infosys, where he was SVP and Global Head of Consulting & Systems Integration across Financial Services and Head of Banking & Capital Markets for the Americas. He has also held senior positions at Diamond Technology Partners and IBM.

Shaji Farooq commented, “Today, the demand for niche techno-domain services is stronger than ever. As banks continue to focus and invest a larger share of their technology spending on transformation initiatives, transformation partners like Maveric Systems become indispensable. Maveric Systems, with its deep domain and technology expertise, is well-positioned to drive transformation initiatives in BFSI. This is the perfect opportunity to leverage my vast experience to support their strategic initiatives for accelerating growth.”

“We are honoured to welcome Shaji to Maveric Systems’ Board of Directors,” said Ranga Reddy, CEO at Maveric Systems. “Shaji, with his deep understanding of Technology and BFSI vertical expertise, will provide strategic direction to Maveric’s North American growth plans and sharpen our go-to-market offerings. Further, his experience in rapid business scaling will be of tremendous value.”

Business

Maveric Systems Strengthens Board with Renowned Industry Leaders

Feb 9, 2024 by Sujata Muguda 0 Comments #Anil Sachdev, #global BankTech specialist, #Maveric Systems, #N S Parthasarathy, #Ranga Reddy, #School of Inspired Leadership-SOIL

National, 09.02.2024: Maveric Systems, a leading global BankTech specialist, today announced the appointment of Anil Sachdev and N S Parthasarathy as Non-Executive, Independent Directors on the company’s Board. These appointments will strengthen Maveric Systems’ aggressive growth strategy, encompassing service expansion into Customer Experience, Payments, Wealth Management, Regulatory, and new age AMS with hybrid cloud, in addition to its existing services in Data, Digital, Quality Engineering, and Core Banking. The company is also focusing on market expansion in the USA, reinforced by building a robust sales organization and two significant acquisitions.

Anil Sachdev, Founder and CEO of Grow Talent Company Limited and the School of Inspired Leadership-SOIL, brings over four decades of experience in talent management, strategic change, and organizational transformation. Recognized for his experience in leadership development, Anil’s expertise aligns seamlessly with Maveric’s commitment to globalizing leadership, having strategies for integrating local talents across Europe and US regions and creating a people-first organization. His rich experience with leading global and local organizations will play a pivotal role in shaping Maveric’s growth narrative.

NS Parthasarathy is an industry leader with over 35 years of experience across senior leadership positions. He has a deep understanding of technology and expertise in building and managing an IT services company. He co-founded Mindtree in 1999 and has been on its Board. He is the Managing Partner in Mela Ventures, an early-stage start-up fund. He has extensive experience setting up and scaling operations, ably validated by taking Mindtree from a VC-funded start-up to a listed IT service company with $1 billion in revenue. His familiarity with the regions Maveric wishes to expand to and his experience in acquiring, integrating, and scaling business would support and strategically guide the company’s growth plans.

Ranga Reddy, CEO of Maveric Systems, expressed his enthusiasm, saying, “We are happy to welcome Anil Sachdev and N S Parthasarathy to Maveric Systems. Their wealth of experience and insights align seamlessly with our growth vision. As Maveric expands its global footprint and invests in cutting-edge technologies, Anil and Partha’s guidance will be instrumental in driving our success. We look forward to their valuable contributions.”

Anil Sachdev said, “I am delighted to be part of Maveric Systems’ Board, a company at the forefront of innovation and growth in banking technology. I look forward to contributing to Maveric’s journey of creating a global impact through its niche positioning.”

N S Parthasarathy shared his thoughts, saying, “Joining Maveric Systems’ Board presents an exciting opportunity to bring my experience in technology, scaling businesses, and nurturing leadership to the team at Maveric. I am eager to contribute to Maveric’s growth story and be a part of its continued success in the evolving banking and technology landscape.”