Tag: Ranga Reddy

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.”

News

Two Aveksha Day Care Centers for Construction Workers’ Children opened on the occasion of Labour Day

May 2, 2024 by Sujata Muguda 0 Comments #Construction Workers, #Hyderabad, #J. Ramu Rao, #MD TSIIC and DMD SIDBI, #MHC Vipina Residential at Manmole Village, #Mrs. J. Meghana Rao, #My Home Apas Residential Project at Kokapet Village, #Ranga Reddy, #Two Aveksha Day Care Centers, #Two Aveksha Day Care Centers for Construction Workers

Hyderabad, May 02, 2024…….Two Aveksha Day Care Centers for Construction Workers’ Children opened on the occasion of Labour Day on Wednesday. One was opened at My Home Apas Residential Project at Kokapet Village, Gandipet Mandal, Ranga Reddy District. The other one was at MHC Vipina Residential at Manmole Village, Ramchandrapuram, Sangareddy Dist.

J RAMU AND J MEGHANA SEEN GIVING AWAY BAGS TO CONSTRUCITON WORKWRS CHILDREN AT THE INAUGURATION OF A DAY CARE CENTER FOR COSTRUCTION WORKERS AT MY HOME VIPINA PIC 2

My Home Apas center was inaugurated by Ravi Kiran Tangirala, Head of Mass Mutual India, Ranga Reddy, VP, Progress Software Development Pvt. Ltd, and A.S. Srinivas Rao, Chief Finance Officer, My Home Constructions Pvt. Ltd.

The My Home Vipina center was inaugurated by J. Ramu Rao, Executive Vice Chairman, My Home Constructions Pvt. Ltd and Mrs. J. Meghana Rao, Founder Director, Meru International Schools.

These two centers are the second and third-day Care Centers for Construction workers. The first one was opened at My Home Nishada at the beginning of this year.

Ramu Rao said construction workers are the backbone of any construction project. We jumped at the idea of a Creche for construction workers. We are deeply committed to the cause. COWE said that it would like to open 100 centers across India, but there may be a need for 100 centers within Telangana itself. He assured them of their full support.

My Home Infrastructures Pvt Ltd is the first real estate company in the state to Open Day Care Center for Construction workers’ Children. It is a free service shared Mrs. J. Meghana Rao, addressing the gathering on the occasion. Meghana also expressed her desire to make Meru International School work with Aveksha in designing the curriculum.

Ravi Kiran Tangirala said Aveksha Day Care Center is a wonderful initiative and goes a long way in empowering industrial workers. Ranga Reddy also appreciated the efforts of COWE in this regard. Srinivasa Rao said it is wonderful to know that women at COWE are empowering other women while the whole world is talking about women empowerment.

COWE so far opened 12 Aveksha Day Care Centers across different industries. Now with the addition of two centers, the total count has reached 14. COWE aims to open a total of 20 centers in the first phase. Going forward it would like to open 100 centers across India said Uma Gurkha, one of the founding members of COWE

Rich, Wealthy, and white-collar workers have very good daycare centers. Some IT companies provide daycare centers at their place of work. Then what about poor construction workers? COWE Aveksha Day Care Centers is the answer.

Aveksha is a National Project initiated by the Confederation of Women Entrepreneurs of India (COWE) and is not just limited to Telangana. After completing the 20 centers in Telangana, our vision is to have Aveksha centers across INDIA informed of Uma Gurkha.

Aveksha, which means ‘To Take Care Of’ is a daycare facility meant for children of industrial workers, especially in the industrial sector and the underprivileged sections of society

COWE successfully launched on May 10th, 2022, with the blessings of Principal Secretary, Telangana, MD TSIIC and DMD SIDBI, 4 Aveksha day-care centers, each one in the industrial Areas of Jeedimetla, Cherlapally, Uppal, and Kallakal came up first. Thereafter four more Centres, each one at Moulali Pashamailaram, Genome Valley, and My Home Nishada at Kokapet were started. It opened four centers in March. And now two more are opened. With these, it has opened a total of 14 centers.

The Impact of the 12 centres so far has been that 200 children are benefitted. 150 mothers were empowered to work. Women who are so far homemakers but are now employed at Aveksha are 25 in number. Many women have been financially empowered, and 60% of these could take up jobs for the first time, purely because of this facility. Besides, the discipline and creativity of children saw drastic improvement.

The centers are equipped with CCTV to monitor day-to-day activities and necessary amenities have been provided to create a joyful learning environment that encourages the toddlers to enjoy their stay throughout the day.

Each of the day-care centres is spread over an area of 500 to 1000 sqft. They are fully equipped to take care of 20-30 children from 9 am to 6 pm. Each center will have three staff members, a Coordinator, a Sr. Caretaker, and a Jr. Caretaker. A vigilance team, monitoring CC footage, qualified trainers, and systems auditors ensure best standards are maintained.

COWE aims to empower women by facilitating skills through capacity-building initiatives and making them successful entrepreneurs. Keeping it in view COWE conceived a novel idea of extending support to working women, especially in the industrial sector and underprivileged sections of society. This resulted in the launching of Aveksha daycare Centres, a facility to provide free daycare to underprivileged children of industrial workers and laborers, so the women could focus on their jobs and economic independence.

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.”