Sify Technologies Announces The Appointment Of Padmaja Chunduru As Director On The Board

Sify Technologies Limited (NASDAQ: SIFY), has announced the appointment of Ms. Padmaja Chunduru as Director on the Board of Sify Technologies Limited.

A career banker with a reputation for quiet, efficient disruption, Ms. Chunduru, previously led important functions at India’s largest bank, State Bank of India, both in India and the United States. Post SBI, as MD & CEO at Indian Bank, she was tasked with its merger with Allahabad Bank. The seamless execution between two diametrically opposite Indian banking institutions, is today an essential reference point in M&A studies and is chronicled as a case study "Merger of Equals" by Harvard Business School Publishing.

These gender-defying roles led her to the corner office of the National Securities Depository Limited (NSDL) as the MD & CEO, where she was instrumental in developing a pioneering DLT Blockchain based platform for Security and Covenant Monitoring of Corporate Debt.
A staunch evangelist of technology in business, she tapped into the emerging comfort among women with Fintech to bring more of them into the world of securities while simultaneously laying the roadmap for the market listing of NSDL.

Until recently, she was a Director on the Boards of LIC (Life Insurance Corporation of India), NPCI (National Payments Corporation of India), ISSA (International Securities Services Association) and ACG (Asia Pacific Central Depository Group), Institute of International Bankers and Asia Society, New York and Non-Executive Chairperson (Nominee Director) of Universal Sompo General Insurance Company Limited.