Madhavan, Arun and Agarwal bring experience for managing global markets
Pune’s STL (NSE: STLTECH) said its strategy of technology-led global expansion with focus on deep technology expertise in the areas of optical and wireless solutions, service delivery and software, will be steered by industry heavyweights S. Madhavan, B.J. Arun and Ankit Agarwal.
Madhavan and Arun joints STL’s Board of Directors as independent Non-Executive Directors and Agarwal as a Whole Time Director, said the company in a release on 20 Jan 2021
Madhavan, Arun, and Ankit will work closely with the STL leadership team.
Madhavan, a fellow member of the Institute of Chartered Accountants of India, has had an illustrious career in accounting spanning consumer, banking, and technology industries. He currently holds directorial positions in some of the top listed companies like HCL Technologies, ICICI Bank, UFO Moviez, and Transport Corporation of India.
In his early days after working with HUL for 6 years, Madhavan had helped set up a successful indirect tax practice, which got merged with PriceWaterhouseCoopers (PwC). Here he held leadership positions for over 14 years and was instrumental in building a leading tax practice at the firm.
Arun has founded and led multiple successful ventures in Silicon Valley. He founded California Digital, a Linux-based HPC leader, Librato, a software company, and was most recently the CEO of July Systems – a location-based mobile management platform.
Arun was instrumental in scaling these companies and finding synergistic exits by merging them with global technology giants like SolarWinds and Cisco. An industry leader, Arun is currently the Vice Chairman of TiE Global. He has also served as the President of the TiE Silicon Valley Chapter and remains dedicated to fostering entrepreneurship in the technology community.
Ankit has been a driving force behind the international expansion of STL’s optical network solutions, establishing its presence in over 100 countries. He joined STL, after starting his career as an Investment Banking Analyst at Deutsche Bank and leading Corporate Strategy at Vedanta Resources.
An MBA from London Business School, and a deep believer in innovation and customer-first approach, Ankit leads the Connectivity Solutions Business and drives the development and delivery of next-gen solutions for the world’s leading network creators.
Commenting on these appointments, STL Chairman Anil Agarwal said, “We are delighted to welcome Madhavan, Arun, and Ankit to STL’s Board. Madhavan is a powerhouse of experience in mentoring some of the biggest and fastest-growing companies, while Arun is a seasoned entrepreneur and has played a key role in building companies in the technology space.
“Their combined expertise in areas of finance and technology, along with Ankit’s direct experience at STL, will provide a solid foundation to establish technology leadership and profitable growth across global markets. We thank Pratik Agarwal for his valuable contribution to STL’s growth journey.” #technology #appointments #investment /fiinews.com
