Tech Mahindra appoints Damodaran as additional director

Tech Mahindra is a global systems integrator and business transformation consulting firm focused on the communications industry. For over two decades, Tech Mahindra has been the chosen transformation partner for wireline, wireless and broadband operators in Europe, Asia-Pacific and North America. Tech Mahindra has grown rapidly to become the 6th largest software exporter in India (NASSCOM 2007) and the second largest telecom software provider from India (Voice & Data 2007).

Telecommunications services and solutions provider Tech Mahindra has appointed Meleveetil Damodaran, former chairman of the Securities and Exchange Board of India, as its additional director with effect from July 22. The Tech Mahindra Board strength, with the induction of Damodaran, would stand at 12.

Meleveetil Damodaran is the Ex-chairman of the Securities and Exchange Board of India (SEBI), the country’s financial market watchdog, before which he had headed the IDBI Bank. He belongs to the Indian Administrative Service, Manipur-Tripura cadre.

KPMG India key appointments

KPMG was established in India in September 1993. It has built a significant competitive presence in the country. KPMG operates from its offices in Mumbai, Pune, Delhi, Kolkata, Chennai, Bangalore and Hyderabad, and offers its clients a full range of services various domain including financial and business advisory, tax and regulatory, and risk advisory services.

The KPMG to strengthen its presence and market share has restructured its leadership team. The firm as part of strengthening its existing leadership and executive team in the country has made various key appointments
Pradip Kanakia – Head of markets
Abizer Diwanji – Head of financial services
Harishanker Subramaniam – Head of Infrastructure & Government
Sudhir Kapadia – Head of consumer markets
Rajesh Jain – Head of information, communication and entertainment
Yezdi Nagporewalla – Head of industrial markets

Hope the consulting firm KPMG strengthen its presence in India post these appointments.

Rajat Monga is new Yes Bank President

Yes Bank India, founded under the initiative of Rana Kapoor and Ashok Kapur, is known for comprehensive banking and providing financial solutions to its customers. Yes Bank currently has 80 operational branches and plans to open another 37 in the coming months, it added.

Yes Bank has appointed Rajat Monga as President for financial markets. He was previously with Rabo India Finance as its treasurer.

Rajat Monga, currently Yes Bank’s Chief Financial Officer, also worked with the labs and operations at Attributor. Rajat Monga at Attributor was responsible for development of many of Attributor’s core architectural principles. Prior to Attributor, Rajat played a lead role in Search at eBay. He also has extensive experience designing and building complex scalable systems at Quova, Arzoo and Morgan Stanley.

Rajat received his B.Tech. from the Indian Institute of Technology Delhi.