Chennai, July 17, 2018: Maveric Systems, a technology partner in the banking & telecom sectors, today announced senior level expansion of its Board. Chitra Ramkrishna, former CEO and Managing Director of National Stock Exchange and D K Sharma, technology specialist and former CIO of Citigroup Global Consumer Banking’s International Business have joined as Maveric as Independent Board of Directors.
These strategic appointments have been made in order to strengthen customer-centric strategy and offer deeper guidance to the company. Ms. Ramakrishna and Mr. Sharma will drive alignment of the company’s financial fundamentals to global benchmarks, and creation of niche offerings in the digital space, respectively.
A highly successful financial career professional, Ms. Ramkrishna is recognized as an institution builder and thought leader, who until recently, was the MD and CEO of the NSE, instrumental in driving key initiatives and delivering new products through cutting-edge technology. A career technologist with an insatiable desire to drive greater value out of technology, Mr. Sharma was instrumental in the successful technology transformation of Citi’s consumer banking operations across International Markets in Asia Pacific, Europe and Latin America, and is now CEO of a start-up that focuses on delivering specialty finance / lending solutions using Data and Analytics.
Welcoming them on board, Mr. Ranga Reddy, CEO, Maveric Systems said, “We are very delighted to have Chitra Ramkrishna and DK Sharma join Maveric’s board as Directors. Their substantial expertise will definitely strengthen our customer-focussed, specialization-led growth strategy.
Chitra Ramkrishna brings in vast experience and learning for Maveric Systems and will provide strategic advice on the growth agenda including M&A and drive greater rigor into Corporate Governance. While DK Sharma, with his extensive years of experience as a CIO of Citi, will focus on aligning Maveric’s omnichannel, microservices, and agile capabilities to the open banking architecture-driven technology adoption.
Chitra added, “By aligning its strategy to the technology transformation needs of its key customers, Maveric is definitely on the right track to achieve accelerated growth. Strengthening corporate governance standards in tandem with international benchmarks, will further cement this growth strategy.”
“I have always admired Maveric’s deep domain expertise in Banking and its commitment to driving results for its customers. I am convinced that by leveraging the capabilities of Cloud Computing, Dev Ops Automation, Deep Analytics and Machine Learning, the Maveric team can leapfrog its delivery capabilities from pure play validation and verification services to full service Customer Experience Development and Implementation”, added DK Sharma.
Maveric Systems, having successfully established itself as a technology partner for global banking and telecom leaders, has been growing steadily with a CAGR of 25% over the past two years. These appointments comes at a time when Maveric plans to accelerate its growth over the coming years with a 2-pronged approach comprising of greater investment and penetration into 12 identified priority & key accounts, and niche, technical services across digital, core banking, data and compliance.