Salesforce India boosts senior team for next stage of growth
Salesforce has demonstrated its latest commitment to India, home to the second highest Salesforce workforce outside the US, with two key executive appointments.
These two senior hires have been put in place to help drive the next phase of growth in India and make the country a global hub for innovation and talent.
In March, Sanket Atal was appointed Salesforce Senior VP and Managing Director, Sites, and is located in Bangalore. A business strategist and tech veteran, with previous senior leadership roles at Intuit India and Oracle, Atal will bring a wealth of experience leading and growing global development centres.
Just a few weeks later, Arun Kumar Parameswaran was appointed senior VP and Managing Director for sales and distribution in India. Also located in Bangalore, Parameswaran will join in May and will lead the overall sales and distribution strategy for India.
These two appointments follow the top hire of Arundhati Bhattacharya as CEO and Chariman of Salesforce India last May, with Bhattacharya brought on board to oversee the company’s expansion in India.
On the appointment of this new business leader for Salesforce India, Gavin Patterson, President and CEO of Salesforce Internstional said: “India is an important growth market for Salesforce and a world-class innoveation talent hub and Arundhati’s leadership will guide our next phase of growth, customer success and investment in the region”.
India fast-growing region for Salesforce
India continues to be one of the fasatest-growing regions for Salesforce and these two appointments reflect the next stage of growth for the company here.
Salesforce has said it expects to add 3,000 jobs in India over the coming three years, with expectations of turning the country into its 'leading global talent and innovation hub’. Research from IDC finds that Salesforce and its ecosystem of partners is set to create more than US$1 trillion in new business revenues between 2019 and 2024.
The tech giant has invested heavily in India over many years, from adding more jobs and expanding its office space and partner ecosystem, to growing its customer base. The company now has 4,000 employees across Hyderabad, Mumbai, Delhi and Bangalore, making it the second highest Salesforce workforce outside of the US.
Launched in 2016, the Salesforce Centre of Excellence (CoE) located in Hyderabad has been instrumental in fueling innovation globally, building end-to-end solutions for customer. including some of the latest industry clouds - Consumer Goods, Manufacturing, Financial Services for Insurance and Hyperforce - built at the CoE.
“These are exciting and challenging times for all of us,” adds Arundhati Bhattacharya, CEO of Salesforce India. “India is a strategic growth market for Salesforce and a world-class innovation and talent hub. As we continue to grow and guide our customers through their digital transformation journey, these appointments are a reflection of our commitment and continued investment in India."
People Moves APAC: Lenovo, HSBC AM, Morgan Stanley, Zafin
In a week where Lenovo makes a raft of new APAC leadership appointments to support its goal of expanding its offerings in the region, we round up the latest executive moves across Asia Pacific.
Eddie Ang appointed head of relationship segment at Lenovo APAC
Former Lenovo Singapore general manager Eddie Ang has been promoted to head of the relationship segment to oversee key business relationships and further lead the original equipment manufacturer, profit manager, and workstation teams. With more than two decades of experience in the IT industry, including 14 years at Lenovo where he has worked in executive positions covering APAC, Ang has strong regional knowledge and a track record of crafting and implementing strategies to deliver incremental growth in market share, revenue and operating income. Prior to Lenovo, Ang spent nearly a decade with Dell Technologies in both Japan and Malaysia.
Seok Poh Yeoh to head up credit research for HSBC in Asia
Seasoned finance exec Seok Poh Yeoh is set to take the reins for credit research across Asia for HSBC Asset Management, where she will strengthen the integration within the firm’s global investment platform and support sustainable investment efforts. With 16 years of industry experience, including at Credit Suisse and more than a decade at HSBC AM, which she joined as a financial analyst in 2012, Yeoh has been instrumental in strengthening credit research processes in Asia, according to HSBC. According to Elizabeth Allen, head of Asian fixed income at HSBC AM, Yeoh’s “analytical and research background, combined with her sustained involvement in the global fund offerings, make her the ideal candidate to lead the Asian research platform”.
Bilal Al-Ali to join Morgan Stanley as head of structured sales
Former UBS head of structured sales Bilal Al-Ali is set to join Morgan Stanley as head of structured sales for APAC. With 14 years of experience in quantitative research spanning both London and Hong Kong and across banks including ABN AMRO, RBS, BNP Paribas and UBS, Al-Ali has been with UBS in Asia for more than a decade most recently serving as Head of APAC Structured Sales.
Nicholle Linder appointed SVP, APAC at fintech Zafin
With the aim of spearheading growth across APAC, Nicholle Lindner has been appointed as Senior Vice President for global fintech leader Zafin. Bringing more than two decades of experience in the Asia Pacific financial services industry to the fintech table, Linder’s “extensive industry experience, innovative thinking and deep understanding of the industry’s digital transformation needs make her the perfect leader to deliver Zafin’s value proposition in the region”, says Jay Ryan, Chief Revenue Officer at Zafin. Lindner has held strategic leadership roles with leading Australian financial institutions including Commonwealth Bank of Australia and Westpac Group. Most recently, Lindner served as senior director at Capgemini Financial Services where she developed strategy and new business initiatives for the firm’s financial services practice in APAC.
Neil Macdonald to head up APAC’s asset managers for State Street
Former KPMG head Neil Macdonald has been appointed by State Street to the firm’s newly created role of APAC head of asset managers, where he will be responsible for leading the company’s engagement strategy for asset manager clients across Asia Pacific, from strategic direction to solutions structuring. Macdonald has a prestigious past, having served as chief operating officer for BlackRock’s institutional clients across EMEA, and more recently serving as COO of global investments solutions at JP Morgan Asset Management. According to Mostapha Tahiri, State Street’s APAC CEO, “Neil’s experience and deep understanding of asset managers’ needs will strengthen our positioning to be an essential partner and trusted advisor for asset managers in the region”.
Priscilla Sims Brown named Amalgamated Financial’s next president and CEO
Joining from the Commonwealth Bank in Australia, Priscilla Sims Brown has been named the next president and CEO of Amalgamated Financial. Brown has more than three decades of experience in the financial services industry, having held leadership roles in firms spanning banking, wealth management, retirement and insurance.
Joining from the Commonwealth Bank in Australia, where she served as group executive of marketing and corporate affairs, overseeing end-to-end marketing, branding, public affairs and social policy, Brown’s previous experience includes senior positions at ACA Financial, Sun Life Financial as well as serving as CMO at Amerihealth/Caritas and as CEO of a digital health insurance brokerage startup, Emerge.me. According to Lynne Fox, interim president and CEO of Amalgamated, “Priscilla is exactly what we need to take Amalgamated to its next stage: a highly experienced and inspiration leader whose vision aligns perfectly with ours, and we are thrilled that she has agreed to serve as our next CEO”.