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SunTec appoints K Srinivasan as Sr. VP & Global Sales Head for BFSI

Trivandrum, July 1, 2005 – SunTec Business Solutions announces the appointment of Mr K Srinivasan (KS) as Sr. VP and Global Sales Head Banking and Financial Services (BFSI). At SunTec, Mr Srinivasan will be responsible for building a global sales and account management organization for the Banking & Financial Services vertical and will lead SunTec’s quest to become the preferred partner to banks and financial services institutions around the world for their end-to-end transaction billing and enterprise value management requirements.

"Mr Srinivasan has almost 17 years of diverse industry experience in business development, sales and general management functions. This vast experience will help SunTec have a dedicated team focusing on the BFSI vertical and catering to its very specific demands." Said Mr. K Nanda Kumar, CEO, SunTec.

Before joining SunTec, Mr Srinivasan was with Polaris Software as their sales Head for the Americas Region. He joined Polaris in 1996 and after working in the corporate office was relocated to the US in 1998 to be their Head of sales for the BFSI verticals. His primary responsibility was to grow the IT Services, Offshore Outsourcing, Solutions and Products. Prior to Polaris, Mr Srinivasan has worked in diverse industry segments ranging from Ferro alloys, consumer goods and paper. Mr Srinivasan holds an MBA degree from XIMB.