Monday, May 19, 2008

Kumar Subramanian

"The corporate disease in today's India is the unwillingness to learn in spite of opportunities. I guess people in India do not have the patience. Everyone is in a 'growth' mode, where growth means promotion and earning, rather than learning and knowledge. A common symptom of this malaise is the reluctance to attend and benefit from training programmes. This is bound to change when enough talent pool is created and there is competition for jobs."

Kumar Subramanian, CEO, Adventity India

May 19, 10.30 am

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Kumar Subramanian, has over 22 years of banking experience in Asia, and has worked for Bank of America, Standard Chartered Bank, HDFC Bank and IDBI Bank. He has established and managed large banking operations such as the retail assets business and handled large projects related to the centralization and implementation of large scale core-banking systems.

He has extensive general managerial experience, especially with respect to start-up banking operations.

Kumar is a mechanical engineer and has a post graduate degree in Industrial Engineering from the National Institute for Training in Industrial Engineering in Mumbai, India.

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Adventity is the fastest growing provider of strategic end-to-end knowledge and business process outsourcing (KPO/BPO) solutions to the Banking, Mortgage, Financial Services and Airlines & Travel industries globally and currently employs more than 4000 professionals. Adventity’s clients include a broad range of Global 1000 companies as well as top investment and commercial banks, private equity firms, management consulting firms, multi-billion dollar asset managers and regional and global airlines.



Adventity has combined the extensive industry background of its management team with the best global industry practices and India’s pool of high-caliber talent to offer the next generation of outsourcing solutions, thus creating a leadership position in the market.



Adventity’s offerings include:



• Leading high-value financial, business and market research and analytics services to the global investment banking, research and asset management markets;

• The most comprehensive, turn-key credit, debit and loyalty cards program management and transaction processing “service bureau” service for the global market;

• Full suite Airline and Travel services ranging from quantitative customer analytics, technology-independent outsourced revenue accounting & recovery services, and customer contact services;

• End-to-end, offshore mortgage origination, processing and servicing capabilities for the U.S. market;



Ranked amongst the Top 25 of the Best Managed Global Outsourcing Companies by the 2007 Black Book of Outsourcing, Adventity provides comprehensive and cost-effective outsourcing solutions and differentiates itself by providing innovative solutions for revenue enhancement for its customers.



The company’s focus on customer excellence uses the most regimented processes, the highest caliber talent, deep domain knowledge and maximum information security to deliver end-to-end solutions.



Adventity is funded and supported by Norwest Venture Partners, CIBC Capital Partners, DA Capital and private investors.



Additional information can be found on the company’s website: http://www.adventity.com

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Adventity Launches Global Delivery Centre in Chennai





Adventity, India’s leading end-to-end knowledge and business process outsourcing company, today announced the opening of its latest Global Delivery Center in Chennai. The facility was inaugurated by Thiru A. Raja Honourable Union Minister for Communications and IT.



Inaugurating the facility, Thiru A. Raja Honourable Union Minister for Communications and IT notes, “Chennai provides a strong combination of talent and infrastructure, while providing a competitive advantage for customers operating across the globe. This city has emerged as a leading IT and ITES destination and is highly equipped with technical resources to support a host of quality financial services. Adventity’s decision to expand its presence here is a testament to the area's highly skilled workforce and business environment”.



This GDC is Adventity’s fifth delivery center in India, and the first outside Mumbai, bringing the company’s capacity to over 300,000 sq. ft. With its international headquarters in New York, Adventity has delivery centers in Houston, US and Dubai, UAE and offices in London, Hong Kong, Singapore and Seoul. Adventity, which currently employs over 4,000 professionals, is expected to double its headcount over the next 18 months.



Adventity will offer the following services from Chennai:

· Leading high-value financial, business and market research and analytics services to the global investment banking, research and asset management markets;

· The most comprehensive, turn-key credit, debit and loyalty cards program management and transaction processing “service bureau” service for the global market;

· Full suite Airline and Travel services ranging from quantitative customer analytics, technology-independent outsourced revenue accounting & recovery services, and customer contact services;

· End-to-end, offshore mortgage origination, processing and servicing capabilities for the U.S. market;

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Source:
Candice D'Souza
Avian Media
Mobile: +91 982076844
Phone: +91 22 24953580 / 383
Email: candice@avian-media.com; candice.dsouza@gmail.com