E-payment solutions firm FSS appoints Sankarnarayan Lakshmanan as CIO

Finance management solutions and financial planning services company Financial Software and Systems (FSS) has roped in Sankarnarayan Lakshmanan as its chief information officer (CIO). 

Lakshmanan will be reporting to the global COO, Ram Chari, the Chennai headquartered company said in a statement.

In the new role, he will lead the company’s technology infrastructure design and build, technology services and enterprise risk management which includes information security, quality assurance, compliance, risk, and audit, of the company’s tech services globally.

Laksmanan’s main focus will be on enterprise-wide automation and progressive migration of workloads to the cloud, the statement added. 

“Sankar’s domain expertise in payments combined with his vast experience in enterprise automation and digital adoption will play a vital role in further expanding the company’s SaaS and Services model,” Nagaraj Mylandla, founder and managing director, FSS said. 

Shankar has over 28 years of experience in technology and innovation. Prior to this, he has served as CTO for Hitachi Payments. He has also worked with Tata Group companies - TCPSL and Tata Capital. Lakshmanan had an entrepreneurial stint out of Singapore before returning to India. In the early stages of his career, he worked for companies like Citicorp Software (now OFSS) and NCR Singapore. 

He is an alumnus of the Indian Institute of Technology (IIT) Kharagpur and holds a master of business administration (MBA) for executives degree from INSEAD France/Singapore.

Financial Software and Systems (FSS) is a global digital payment and financial technology company. The company offers an integrated portfolio of software payments products, hosted payments services, and software payment solutions.

In May, FSS had decided to relocate its European headquarters from London to Amsterdam. The firm is making investments in the region to expand its footprint as well as to strengthen customer delivery capabilities and grow market share.