PR84969

SINGAPORE and HYDERABAD, India, July 31, 2020 /PRNewswire=KYODO JBN/--

- He will play a pivotal role in designing innovative smart and intelligent

technology solutions for the Banking sector

    Mr. Anil Jaggia, former CIO, HDFC Bank, and a technology veteran has joined

Cloud4C – a CtrlS company, as a strategic advisor for the banking practice. He

will work closely with the organization's leadership team with a key focus on

enabling large banking transformation projects on Cloud, DevOps, Automation,

and aid banks in their digital transformation journey. He is a graduate in

management from IIM Ahmedabad and holds an engineering degree from IIT Kanpur.

He enjoys strong credentials and brings along over 30 years of rich experience

across a wide spectrum of financial services, business and IT strategies.

    Earlier, in 2008, Mr. Anil Jaggia - a highly respected and visionary

technology leader in the banking sector - had taken over as CIO of HDFC Bank

and played a key role in digital transformation of the bank and led it to an

enviable leadership position. Some of the key initiatives taken by him at HDFC

Bank were around core transformation, data warehouse, Analytics, Digital

Banking, Business Continuity, along with additional responsibility to lead a

Coordination Council for Financial Inclusion (FI) and Sustainable Livelihood

Banking (SLB). Before joining HDFC Bank, he was Chief Operating Officer of

Centurion Bank of Punjab Limited, for four years. Before this, Mr. Jaggia

worked for over 18 years with Citibank at Chicago, New York, Singapore, Mumbai

and Kolkata.

    Mr. Anil Jaggia said, "I am happy to join Cloud4C as a Strategic Advisor.

The world of banking is now strategically moving from physical banking to

contact-less banking. The future is where everything will communicate through

internet of things to find and engage customers powered by artificial

intelligence, machine learning, social technologies, analytics and efficient

storage and computing technologies." He further said, "I am looking forward to

actively and closely working with the Cloud4C leadership team to build

innovative, new age, collaborative, agile, open, secure, rapidly scalable and

regulatory compliant banking technology solutions to help banking sector

embrace the digital future."

    Digital banking is the future as banking products and services will be

delivered through mobile apps, processed through API, and delivered through all

internet channels making virtual banking a reality. Digital Banking worldwide

market is projected to reach $500 billion by 2027 with a digital user base of 4

billion. Cloud4C with its presence in 50 locations across 25 countries plans to

serve 25,000 banks worldwide through its banking community cloud and other new

age banking technology solutions combined with its intelligent cloud managed

services. The company today serves 60 of the Fortune 500 global multinationals

and 20+ banks globally compliant with regulations such as GDPR in Europe RBI

guidelines in India among others.

    Mr. Sridhar Pinnapureddy, Founder and CEO, Cloud4C Services, said, "I am

extremely delighted to welcome Mr. Anil Jaggia, a seasoned banking industry

veteran who brings deep experience in business-IT alignment, innovation in IT

strategies in banking sector. I extend him a warm welcome to the Cloud4C

family. He further added, "Mr. Anil will play a key role in shaping our new age

technology solutions for the banking sector as banking is becoming embedded and

ubiquitous."

    About Cloud4C

    Cloud4C is the World's leading Cloud Managed Services provider and trusted

advisor to 4,000 customers in 25 Countries and 50 locations including 60 of the

Fortune 500 Global Multinationals. The company provides cloud (public, private,

hybrid) and community cloud services (Banking Community Cloud, SAP Community

Cloud), cloud migration on hyperscalers such as AWS, Microsoft Azure, Google

Cloud, end to end intelligent cloud managed services, disaster recovery

services, managed security services and helps businesses comply with  stringent

data sovereignty laws in respective countries.

    The company plans to expand its geographical footprint to 80 countries and

160 locations worldwide in the next 36 to 48 months.

    www.cloud4c.com

    Media Contact:

    B.S. Rao

    Vice President and Global Head (PR and Communications)

    Cloud4C Services

    bsrao@cloud4c.com

    www.cloud4c.com

    Logo: https://mma.prnewswire.com/media/1198268/Cloud4C_Logo.jpg  

    Caption: Cloud4C Logo

    Photo: https://mma.prnewswire.com/media/1221845/Anil_Jaggia.jpg

    Caption: Mr. Anil Jaggia, Former CIO, HDFC Bank, joins Cloud4C – a CtrlS

Company, as a Strategic Advisor

    Source: Cloud4C