Yodlee, Inc. today announced the appointment of Ramachandran Subramaniam as vice president and managing director of Yodlee India.
The move is part of Yodlee's continued commitment to the growth of its India operations, which has more than doubled in the last year, and the company's increased international presence.
Yodlee's plans include an investment of $55-75 million and an estimated 50 percent increase in personnel hires over the next five years. As financial institutions continue to rely on Yodlee as a trusted leader in providing innovative financial solutions in the U.S. and abroad, the growth and leadership in India will play an instrumental role in the company's international expansion and focus on exceptional product delivery.
"Yodlee India has always been a hub of development for us. Our long term goal and development strategy is to create a world class organization that will fully support all customer relations around the world," said Anil Arora, president and CEO at Yodlee. "It's crucial that we have someone with experience and leadership selling locally and building successful teams in India to lead us through this growth phase and support Yodlee's overall objectives. We found a great leader in Subbu."
As vice president and managing director, Yodlee India, Subbu joins Yodlee with over 27 years' experience growing and managing large teams at leading Indian corporations. His responsibilities in this role include overseeing more than 250 employees and creating a team that will uphold Yodlee India as a nerve center for all core product development, design, operations, customer care and quality assurance activities in support of the company's overall roadmap.
"What struck me most was Yodlee's commitment to make its India operations an integral part of the product development process," said R Subramaniam "Subbu". "My goal for Yodlee India is to balance the needs of local management with those of the corporation at large while aligning the core values that bridge the two."