Rangesh Nayar Joins Datamatics as President – BFSI and F&A

Brings over 22 years of rich experience having held senior management positions in BNP Paribas, TCS, Sanchez Capital Services, Shapoorji Pallonji Finance and IBM.

10 April 2008, Mumbai: Rangesh Nayar has joined Datamatics as President – BFSI and F&A Services. He will be heading the BFSI vertical for both DL & DTL, and the Business Analysts Forum.

Rangesh has rich experience in the world of Finance and Technology spanning more than 22 years. He started his illustrious career with Banque Nationale de Paris (now BNP Paribas) as Chief Internal Auditor. Among the other senior management positions Rangesh has held are Vice President at Times Guarantee Financials, Vice President at TCS, CEO at Shapoorji Pallonji Finance and CEO at Sanchez Capital Services. Since November 2002 he has been with IBM as Country Manager.

His expertise spans the fields of leasing, hire purchase, retail assets and liabilities, corporate finance, money markets, treasury management, short-term and long-term credit appraisal, infrastructure finance, merchant banking, investment banking and portfolio management. He also has been involved in evaluating construction projects and power projects.

Other key areas where he has contributed are solution architecture, business process re-engineering, defining MIS needs, and creating business control and compliance mechanisms.

He is a Chartered Accountant by qualification. He has attended a special course at the Harvard Business School and has also received formal training in Oracle Financials and Data warehousing.

Rangesh is a sports lover and likes to play squash, tennis and table tennis, among others. He likes non-fiction reading. He is married, with a daughter and a son.

"With his wealth of experience in leadership roles in the BFSI domain, I am sure Rangesh will boost the organization's efforts significantly in garnering a greater pie of the market,” said Rahul Kanodia, Vice Chairman and CEO, Datamatics.

About Datamatics Technologies Limited:

Established in 1975, Datamatics is one of India's leading IT Software Development & Consulting and Business Process Outsourcing Organizations. Datamatics' 3,800-strong team has executed over 2,100 projects across industry verticals and technologically-aligned competencies in over 60 countries. The company’s international clients include top 25 Fortune 500 companies. Datamatics is certified for ISO 9001-2000, ISO 27001 and SAS 70, and assessed at SEI CMMi – Level 5 (QAI), P-CMM – Level 5 (QAI). Datamatics is the First & Only Indian Services Company to win International Asia Pacific Quality Award against competition from over 38 countries including the US, Japan, Australia, New Zealand, Russia, Canada, China, Israel, South Korea, Peru and Mexico.

For more information, contact:
Bijesh Kamath
bijesh_kamath@datamatics.com
Tel: 022-6710 8421, 6710 8439