Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena Limited, the fastest growing Fintech product company with CAGR of more than 24% over the past five years, has appointed Vikram Sud as Strategic Advisor. Vikram has over three decades of experience in financial services including commercial and consumer banking across US, India as well as the wider Asia Pacific market.
Vikram will be providing strategic advice to advancing transaction banking worldwide, helping many banks grow as well as helping iGTB's own business growth.
Commenting on the appointment, Manish Maakan, CEO at iGTB, said: "We are very excited to have Vikram on board. His appointment comes at a strategic juncture for us as his experience of over three decades across banking and fintech sectors, will inspire confidence amongst our existing clients as they embark upon their digital transformation journey. With his significant International and domestic banking experience developing businesses, products and clients, Vikram is well known as a forthright evangelist for digital transformation. His global roles at Citi will also offer us invaluable insight into winning key clients as well as offering them cutting-edge solutions for their ever evolving needs."
He is an alumnus of University of Virginia and XLRI - Jamshedpur, and brings over 30 years of experience in International banking including overseeing technology and operations across corporate and consumer banking in the US, India and Asia Pacific. He is also a well-known mentor, advisor and Investor in the Fintech space.
Vikram Sud, Strategic Advisor, iGTB said, "iGTB's tremendous offerings, phenomenal creativity and bold Investment in contextual transaction banking is unparalleled. I am delighted to be joining this strong team of dedicated professionals spanning FinTech suppliers and senior bankers as we deliver the next generation of transaction banking software."
Shares of Intellect Design Arena Ltd was last trading in BSE at Rs.205.05 as compared to the previous close of Rs. 209. The total number of shares traded during the day was 46193 in over 1534 trades.
The stock hit an intraday high of Rs. 211.65 and intraday low of 203.1. The net turnover during the day was Rs. 9628234.