Sify Technologies announces the appointment of Ms. Padmaja Chunduru as Director on the Board
Sify Technologies (NASDAQ: SIFY) has announced the appointment of Ms. Padmaja Chunduru as Director on its Board. Ms. Chunduru, a career banker with extensive experience, has held key positions at State Bank of India and served as MD & CEO of Indian Bank, where she successfully managed a merger with Allahabad Bank. She also led the National Securities Depository (NSDL) as MD & CEO, developing a pioneering DLT Blockchain platform for corporate debt monitoring.
Ms. Chunduru has been recognized as one of the Most Powerful Women in Business by Fortune India and Business Today for 2022 and 2023. She brings valuable experience in integrity, corporate governance, and digital financial initiatives to Sify. The company's Chairman, Mr. Raju Vegesna, welcomed her appointment, highlighting the benefits her expertise will bring to Sify's evolution as a Digital Transformation partner.
Sify Technologies (NASDAQ: SIFY) ha annunciato la nomina della Sig.ra Padmaja Chunduru come Direttrice del suo Consiglio. La Sig.ra Chunduru, una banchiera con un'ampia esperienza, ha ricoperto posizioni chiave presso la State Bank of India e ha servito come MD & CEO della Indian Bank, dove ha gestito con successo una fusione con la Allahabad Bank. Ha inoltre guidato la National Securities Depository (NSDL) come MD & CEO, sviluppando una piattaforma pionieristica di DLT Blockchain per il monitoraggio del debito aziendale.
La Sig.ra Chunduru è stata riconosciuta come una delle Donne più Potenti nel Business da Fortune India e Business Today per il 2022 e il 2023. Porta a Sify una preziosa esperienza in integrità, governance aziendale e iniziative finanziarie digitali. Il Presidente dell'azienda, il Sig. Raju Vegesna, ha accolto con favore la sua nomina, evidenziando i benefici che la sua esperienza apporterà all'evoluzione di Sify come partner per la Trasformazione Digitale.
Sify Technologies (NASDAQ: SIFY) ha anunciado el nombramiento de la Sra. Padmaja Chunduru como Directora de su Junta. La Sra. Chunduru, una banquera con amplia experiencia, ha ocupado posiciones clave en el State Bank of India y ha servido como MD & CEO del Indian Bank, donde gestionó con éxito una fusión con el Allahabad Bank. También lideró la National Securities Depository (NSDL) como MD & CEO, desarrollando una plataforma pionera de DLT Blockchain para el monitoreo de deuda corporativa.
La Sra. Chunduru ha sido reconocida como una de las Mujeres Más Poderosas en los Negocios por Fortune India y Business Today en 2022 y 2023. Aporta a Sify una valiosa experiencia en integridad, gobernanza corporativa e iniciativas financieras digitales. El Presidente de la empresa, el Sr. Raju Vegesna, dio la bienvenida a su nombramiento, destacando los beneficios que su experiencia traerá a la evolución de Sify como socio de Transformación Digital.
Sify Technologies (NASDAQ: SIFY)는 Padmaja Chunduru 씨를 이사로 임명했다고 발표했습니다. Chunduru 씨는 광범위한 경험을 가진 경력 은행가로, 인도 국립 은행(State Bank of India)에서 주요 직책을 역임했으며, 인도 은행(Indian Bank)의 MD 및 CEO로서 알라하바드 은행(Allahabad Bank)과의 합병을 성공적으로 관리했습니다. 그녀는 또한 국가 증권 저장소(NSDL)의 MD 및 CEO로서 기업 채무 모니터링을 위한 차세대 DLT 블록체인 플랫폼을 개발했습니다.
Chunduru 씨는 2022년과 2023년 동안 Fortune India와 Business Today에서 가장 강력한 여성으로 인정받았습니다. 그녀는 Sify에 무결성, 기업 거버넌스 및 디지털 금융 이니셔티브에 대한 소중한 경험을 제공합니다. 회사의 회장인 Raju Vegesna 씨는 그녀의 임명을 환영하며, 그녀의 전문성이 Sify가 디지털 전환 파트너로서 발전하는 데 가져올 혜택을 강조했습니다.
Sify Technologies (NASDAQ: SIFY) a annoncé la nomination de Madame Padmaja Chunduru en tant que Directrice de son Conseil. Madame Chunduru, une banquière de carrière avec une vaste expérience, a occupé des postes clés à la State Bank of India et a été MD & CEO de l'Indian Bank, où elle a géré avec succès une fusion avec l'Allahabad Bank. Elle a également dirigé la National Securities Depository (NSDL) en tant que MD & CEO, développant une plateforme Blockchain DLT pionnière pour le suivi de la dette d'entreprise.
Madame Chunduru a été reconnue comme l'une des femmes les plus puissantes dans les affaires par Fortune India et Business Today pour 2022 et 2023. Elle apporte à Sify une expérience précieuse en matière d'intégrité, de gouvernance d'entreprise et d'initiatives financières numériques. Le président de l'entreprise, M. Raju Vegesna, a salué sa nomination, soulignant les avantages que son expertise apportera à l'évolution de Sify en tant que partenaire de transformation numérique.
Sify Technologies (NASDAQ: SIFY) hat die Ernennung von Frau Padmaja Chunduru als Direktorin in seinen Vorstand bekannt gegeben. Frau Chunduru, eine erfahrene Bankerin, hatte Schlüsselpositionen bei der State Bank of India inne und war MD & CEO der Indian Bank, wo sie erfolgreich eine Fusion mit der Allahabad Bank leitete. Sie leitete auch die National Securities Depository (NSDL) als MD & CEO und entwickelte eine wegweisende DLT-Blockchain-Plattform zur Überwachung von Unternehmensschulden.
Frau Chunduru wurde von Fortune India und Business Today 2022 und 2023 als eine der mächtigsten Frauen im Geschäft ausgezeichnet. Sie bringt wertvolle Erfahrungen in Bezug auf Integrität, Unternehmensführung und digitale Finanzinitiativen zu Sify mit. Der Vorsitzende des Unternehmens, Herr Raju Vegesna, begrüßte ihre Ernennung und hob die Vorteile hervor, die ihre Expertise für die Entwicklung von Sify als Partner für digitale Transformation mit sich bringen wird.
- Appointment of experienced banking and technology leader to the Board
- Potential for improved corporate governance and digital financial initiatives
- Addition of expertise in mergers and acquisitions
- Strengthening of leadership with a focus on technology in business
- None.
CHENNAI, India, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced the appointment of Ms. Padmaja Chunduru as Director on the Board of Sify Technologies Limited.
A career banker with a reputation for quiet, efficient disruption, Ms. Chunduru, previously led important functions at India’s largest bank, State Bank of India, both in India and the United States. Post SBI, as MD & CEO at Indian Bank, she was tasked with its merger with Allahabad Bank. The seamless execution between two diametrically opposite Indian banking institutions, is today an essential reference point in M&A studies and is chronicled as a case study "Merger of Equals" by Harvard Business School Publishing.
These gender-defying roles led her to the corner office of the National Securities Depository Limited (NSDL) as the MD & CEO, where she was instrumental in developing a pioneering DLT Blockchain based platform for Security and Covenant Monitoring of Corporate Debt.
A staunch evangelist of technology in business, she tapped into the emerging comfort among women with Fintech to bring more of them into the world of securities while simultaneously laying the roadmap for the market listing of NSDL.
Until recently, she was a Director on the Boards of LIC (Life Insurance Corporation of India), NPCI (National Payments Corporation of India), ISSA (International Securities Services Association) and ACG (Asia Pacific Central Depository Group), Institute of International Bankers and Asia Society, New York and Non-Executive Chairperson (Nominee Director) of Universal Sompo General Insurance Company Limited.
She is currently a member of the Insurance Advisory Committee of IRDAI (Insurance Regulatory and Development Authority of India) and the Centre for Corporate Governance and Sustainability, IIM, Bangalore. Ms. Chunduru is also a Certified Associate of Indian Institute of Bankers.
She has been awarded Best CEO (BFSI) for 2021 by Business Today and Best CEO 2021 for Women Leadership by Economic Times. She has been acknowledged as one of the Most Powerful Women (MPW) in Business by Fortune India and Business Today, for 2022 and 2023.
Welcoming her to the Board, Mr. Raju Vegesna, Chairman, said, “Ms. Chunduru brings to Sify the right experience of integrity, corporate governance and digital financial initiatives. In our ongoing evolution as a Digital Transformation partner for our clients, these are valuable mentoring avenues that Sify will benefit from. On behalf of Sify, it gives me immense pleasure to have her join us.”
Commenting on her appointment, Ms. Chunduru, remarked, “Sify has a reputation of being a disruptor in the ICT space with a successful track record of projects across multiple verticals. This wide breadth of transformative knowledge is extremely important in an evolving digital-aware market like India. By taking on this responsibility, I hope to translate my experience into productive mentoring, while ensuring that stakeholder interests are safeguarded, and corporate governance is adhered to in letter and spirit.”
About Sify Technologies
A multiple times Golden Peacock award winner for Corporate Governance, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, medium and small businesses.
Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.
More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom, UAE and Singapore.
Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2024, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.
For further information, please contact:
| Sify Technologies Limited Mr. Praveen Krishna Investor Relations & Public Relations +91 9840926523 praveen.krishna@sifycorp.com | 20:20 Media Nikhila Kesavan +91 9840124036 nikhila.kesavan@2020msl.com | Weber Shandwick Lucia Domville +1-212 546-8260 LDomville@webershandwick.com |
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