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HCL Infosystems names Alok Sahu as CFO; to succeed Kapil Kapur

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NEW DELHI: HCL Infosystems on Wednesday said its Chief Financial Officer Kapil Kapur has resigned from the company.

The company’s Board of Directors has named Alok Sahu to succeed Kapur for the position of CFO with effect from June 1, 2021, a regulatory filing said.

“… we submit that Mr KapilKapur, CFO of the company has informed the company about his resignation from the said position with the company with effect from the closing hours of May 31, 2021 to pursue other opportunities & interests,” it said.

Alok Sahu, a chartered accountant by profession, is a finance professional who has over 25years of experience in spearheading financial and accounting functions, the filing said.

He has been associated withHCL Infosystems since 1995.

Source: Press Trust of India

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Appointments

IITian Parag Agrawal becomes Twitter CEO

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NEW YORK: Indian-origin technology executive Parag Agrawal has been appointed as the new CEO of Twitter after the social media giant’s co-founder Jack Dorsey stepped down on Monday.

In a message posted on Twitter, Dorsey said: “After almost 16 years of having a role at our company… from co-founder to CEO to Chair to Exec Chair to interim-CEO to CEO… I decided it’s finally time for me to leave. Why?

“There’s a lot of talk about the importance of a company being “founder-led”.

“Ultimately, I believe that’s severely limiting and a single point of failure. I’ve worked hard to ensure this company can break away from its founding and founders,” he said.

Agrawal, an IIT Bombay and Stanford alumnus, said in a note posted on Twitter that he is “honored and humbled” on his appointment and expressed gratitude to Dorsey’s “continued mentorship and your friendship.”

Dorsey said that there are three reasons he believes now is the right time.

“The first is Parag becoming our CEO. The board ran a rigorous process considering all options and unanimously appointed Parag. He’s been my choice for some time given how deeply he understands the company and its needs,” he said.

Parag has been behind every critical decision that helped turn this company around. He’s curious, probing, rational, creative, demanding, self-aware and humble, Dorsey said.

“He leads with heart and soul, and is someone I learn from daily. My trust in him as our CEO is bone deep,” Dorsey added.

Agrawal joined Twitter 10 years ago when there were fewer than 1,000 employees.

Agrawal said: “While it was a decade ago, those days feel like yesterday to me. I’ve walked in your shoes, I’ve seen the ups and downs, the challenges and obstacles, the wins and the mistakes.

“But then and now, above all else, I see Twitter’s incredible impact, our continued progress, and the exciting opportunities ahead of us,” he said.

“Our purpose has never been more important. Our people and our culture are unlike anything in the world. There is no limit to what we can do together.

“We recently updated our strategy to hit ambitious goals, and I believe that strategy to be bold and right. But our critical challenge is how we work to execute against it and deliver results – that’s how we’ll make Twitter the best it can be for our customers, shareholders, and for each of you,” Agrawal noted.

The world is watching right now, even more than they have before, he said.

“Lots of people are going to have lots of different views and opinions about today’s news. It is because they care about Twitter and our future, and it’s a signal that the work we do here matters,” Agrawal added.

Source: Press Trust of India+

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Appointments

STL appoints two industry leaders to accelerate global expansion in Services and Software business

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NEW DELHI: STL, an industry-leading integrator of digital networks, today announced two exciting additions to its leadership team in the Services and Software businesses. STL’s Services business is poised for global growth and expansion into the 5G RAN deployment space and the Software business is set to scale globally with innovation at the centre.

In line with these ambitious global plans, STL onboarded Praveen Cherian, as the CEO for Network Services Business, and Raman Venkatraman as the CEO for Software Business.

Prior to joining STL, Praveen was the Executive Vice President and Head of Infrastructure Services for India and South East Asia at IBM where he was driving Project based and Managed Services businesses. He also holds directorial positions on the board of reputed IT services and software companies. Raman comes from TCS where he was the Senior Vice President and Global Head for HiTech and Professional Services and also the global head for partnerships and alliances. He has assumed multiple leadership roles across geographies throughout his illustrious career spanning close to three decades.

Praveen and Raman will take over the responsibility from KS Rao who has played a crucial role in scaling these businesses and preparing the strategic road map for their future growth. KS will assume the role of Chief Corporate Officer at STL, leading key partner and ecosystem alliances, driving global policy advocacy and enabling group level legal framework.

With these changes, STL has built a global leadership team, which will unleash non-linear growth for all its business areas and elevate the company’s position in the market.

Commenting on the new leadership team structure, Ankit Agarwal, Managing Director, STL said “I am thrilled to welcome two senior, statured technology leaders, Praveen and Raman to take on the mantle for Services and Software businesses. I also take this opportunity to congratulate KS on his new role and wish him all the very best. I am confident that together we will unlock our next phase of technology leadership and transform billions of lives through digital networks.”

On his appointment, Praveen Cherian, CEO for Services Business, STL said “Digital networks are shaping the lives of billions across the globe and STL is playing a pivotal role in this endeavor by building world-class digital infrastructure. I look forward to accelerating this growth trajectory and scaling the Network Services business to newer heights.

Raman Venkatraman, CEO for Software Business, STL said “STL has a strong promise for growth given the passionate people, ground breaking technology and extensive market opportunities. I am delighted to join the organization and drive deep customer engagements with an experience rich portfolio of Software Products and Technology Services leveraging the larger group investments with collaborative technology ecosystems and industry domain capabilities, while augmenting the core capabilities of the software business.”

Speaking on the executive leadership expansion, KS Rao, Chief Corporate Officer, STL said “With several recent acquisitions and a very experienced leadership team, STL is poised for even greater success. I extend a warm welcome to Praveen and Raman and look forward to STL taking big leaps in creating a world-class digital future.”

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GoodWorker appoints Diwesh Sahai as Chief Technology Officer

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NEW DELHI: Backed by the Lemmatree Group, GoodWorker, a phygital platform, which aims to transform blue-collar workers’ lives in India by providing access to career enhancement opportunities and other quality of life services like finance and more, today, announced the appointment of Diwesh Sahai as the company’s Chief Technology Officer.

Diwesh has an experience spanning of over two decades as a senior leader in software development for consumer, enterprise, and service provider markets in both startups as well as large organizations. Prior to joining GoodWorker, Sahai worked with MyGate, Jio, Expedia Inc., MakeMyTrip.com and Amazon.

With a B. Tech in Aerospace Engineering from IIT Kanpur, he has specialized in E-Commerce, Digital (e-Books, Video), FinTech (Payments Bank), Application Development (TV, Streaming Device, and Mobile), Payments and Network Management.

On the appointment, Amit Jain, CEO, GoodWorker said, “Diwesh has an impressive track record in building high-performance teams with a culture of innovation and high-quality deliverables, and GoodWorker is thrilled to welcome him as the CTO of the company. His proven leadership in technology, deep expertise in team-building and passion for consumer-driven innovation makes him an ideal fit to lead the GoodWorker team.”

About his new role, Diwesh said, “I am extremely excited to join the team at GoodWorker, an organization that continues to rapidly execute its vision of transforming the lives of blue-collar workers in India.”

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