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Altimetrik Names Sreenivas V as its Chief Financial Officer to Lead the Accelerated Global Growth Through AI-First Transformation
Altimetrik Names Sreenivas V as its Chief Financial Officer to Lead the Accelerated Global Growth Through AI-First Transformation

Yahoo

time10-07-2025

  • Business
  • Yahoo

Altimetrik Names Sreenivas V as its Chief Financial Officer to Lead the Accelerated Global Growth Through AI-First Transformation

Seasoned executive brings two decades of global technology leadership to propel Altimetrik to $1B revenue trajectory and solidify as an AI-native, digital engineering powerhouse DETROIT, July 10, 2025--(BUSINESS WIRE)--Altimetrik, a pure-play AI-First, data and digital engineering solutions company, has appointed Sreenivas V as its new Chief Financial Officer (CFO). Reporting directly to CEO Raj Sundaresan, Sreenivas will strategically transform and spearhead the company's global finance function as Altimetrik accelerates into its next growth phase, fuelled by AI innovation. Embracing an AI-First approach across its internal operations and client engagements, Altimetrik has embarked on a series of transformative initiatives aimed at unlocking the full potential of AI to deliver business value. As part of its strategic expansion, the company recently announced the signing of a definitive agreement to acquire SLK Software, strengthening its end-to-end enablement services, expanding its customer reach and global delivery capabilities. Reinforcing its long-term vision, Altimetrik remains committed to pioneering industry-leading AI-led initiatives that accelerate enterprise AI adoption and deliver measurable, high-impact outcomes at scale. "Sreenivas joins us at a time when we are redefining the future of digital engineering," said Raj Sundaresan, CEO, Altimetrik. "As we expand our AI-First execution across clients, and commercialize our innovations through our AI lab, his strategic financial acumen and proven ability to architect financial frameworks that enable aggressive scaling while maintaining the operational discipline makes him the ideal leader to deliver remarkable outcomes to all stakeholders." Sreenivas brings over two decades of distinguished leadership experience across 30+ countries in the Technology industry, with a strong track record across Corporate Strategy, Finance & Accounts, M&A, Investor Relations, Business Operations and Enterprise Transformation. He has successfully orchestrated complex IT outsourcing and application engineering deals totalling over $600 million in total contract value. His impressive track record includes key contributions to landmark industry milestones such as India's largest private-sector IPO at TCS, the largest private equity investment in Indian IT services at Hexaware, and expertise in scaling enterprises, restructuring balance sheets and unlocking substantial value through business transformation at Plintron and Collabera Digital. An alumnus of IIT Madras and IIM Calcutta, Sreenivas holds advanced certifications in Finance, Treasury Management, and Investment Management. "The intersection of AI and strategic finance represents the next frontier in value creation and I'm committed to positioning Altimetrik at the forefront in this evolving landscape," said Sreenivas V, CFO, Altimetrik. "As we scale our AI-First delivery and integrate AI-led innovation into the market, Finance will be a key enabler of sustainable value creation. Having successfully navigated global expansion amid diverse economic environments, I'm energized by the opportunity to earn and uphold the trust of our clients, partners, employees, and shareholders." This leadership appointment reinforces Altimetrik's commitment to world-class leadership, following recent appointments of Chief Operating Officer Rajeev Jain and Chief Marketing Officer Gurvinder Sahni, the enhanced C-suite positions Altimetrik to capitalize on unprecedented demand for AI-driven digital transformation solutions. These leadership appointments come at a pivotal moment as enterprises worldwide seek trusted partners to operationalize AI at scale, with Altimetrik uniquely positioned to deliver incredible business outcomes anchored in AI-led agility, a product-centric engineering model, and data-driven decision-making through its proven Digital Business Methodology and industry-leading AI-First approach. About Altimetrik Altimetrik is a pure-play AI-First, Data, and Digital business services company. We focus on delivering business outcomes with an incremental, product-oriented approach. Our industry-first, proven digital business methodology provides a blueprint to develop, scale, and launch new products to market faster. Our team of 6,000+ practitioners with software, data, and cloud skills builds an agile engineering culture of collaboration and innovation that modernizes technology and builds new business models in bite-sized increments. As a strategic partner and catalyst, Altimetrik quickly delivers results without disruption. Recognized as a Major Contender in Everest Group's BFSI IT Services Specialists PEAK Matrix® Assessment 2025 and a Product Challenger in ISG Provider Lens™ 2024 for Advanced Analytics and AI Services, Altimetrik continues to lead the way in delivering cutting-edge digital transformation. Learn more at View source version on Contacts Gurvinder Singh SahniAltimetrikGSahni@ Matt McLoughlinGregory FCA on behalf of Altimetrikaltimetrik@ +1 610-228-2123 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Finastra appoints Adam Banks to Board of Directors
Finastra appoints Adam Banks to Board of Directors

Zawya

time09-07-2025

  • Business
  • Zawya

Finastra appoints Adam Banks to Board of Directors

Dubai, UAE – Finastra, a global leader in financial services software, today announced the appointment of Adam Banks to its Board of Directors. A recognized authority in digital transformation and technology leadership, Banks brings decades of experience across a range of industries, including banking, cybersecurity, infrastructure and logistics. Banks has held senior roles at some of the world's most influential companies. As Global Group Chief Technology and Information Officer at A.P. Moller–Maersk, he led the company's end-to-end technology transformation and was instrumental in restoring operations following the world's largest cyberattack in 2017. He also founded the shipping industry's digital standards body, securing adoption by 90% of global carriers. Earlier in his career, Banks served as EVP of Technology at FINkit (formerly Monetise) and spent 16 years at Visa, culminating in the role of Chief Technology Officer and Head of IT. Today, he advises a diverse portfolio of companies ranging from FTSE Top 5 firms to high-growth startups, serving on Boards and Committees focused on risk, remuneration, and technology-led transformation. "Adam is a proven change agent whose expertise spans the technologies and industries that are shaping the future of financial services,' said Chris Walters, CEO of Finastra. 'His insight will be invaluable as we execute our strategy to be the partner of choice for mission-critical financial software solutions." Commenting on his appointment, Banks said, "I am excited to join Finastra's Board at such a pivotal time. Chris and the leadership team have a compelling vision for the future, and I look forward to contributing to the company's next chapter of focused growth and customer success." Banks' role was sourced through the external board program operated by Vista Equity Partners, a global technology investor that specializes in enterprise software and a majority investor in Finastra. Launched in 2017, the board program leverages Vista's ecosystem and additional resources to identify, train and appoint qualified board candidates for its portfolio companies. The program works to create a pipeline of highly talented board candidates through programs and partnerships that will drive results for the corporate world at large. About Finastra Finastra is a global provider of financial services software applications across Lending, Payments, Treasury and Capital Markets, and Universal (retail and digital) Banking. Committed to unlocking the potential of people, businesses and communities everywhere, its vision is to accelerate the future of finance through technology and collaboration, and its pioneering approach is why it is trusted by ~8,100 financial institutions, including 45 of the world's top 50 banks.

Ten years of Made in China 2025 sees mixed success
Ten years of Made in China 2025 sees mixed success

Japan Times

time20-05-2025

  • Business
  • Japan Times

Ten years of Made in China 2025 sees mixed success

A decade ago this month, China launched Made in China 2025 (MIC2025), a 10-year program of economic restructuring so bold and controversial that within three years the Beijing government essentially banned that moniker from use in official communications (although the project remained in place). MIC2025 aimed to transform China from a low-cost manufacturer to the world's leader in key technologies. MIC2025 set an ambitious agenda and a decade on, first assessments conclude that it has had mixed success but insist that its ambitions and objectives will guide Chinese policymaking for decades to come — no matter what the project is called. It is up to the world to respond. The record thus far has not been promising. Then-Premier Li Keqiang announced in May 2015 that the government was launching MIC2025 to modernize the Chinese economy and transform it from a low-cost manufacturer of goods into a, if not the, leader in the creation and production of critical technologies. The project aimed to increase domestic content in vital infrastructure sectors such as power, rail equipment and shipbuilding through technologies such as artificial intelligence, biotech, new materials and the like. Central to the project was cultivating national champions that would capture domestic and foreign markets in those sectors.

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