Sasken appoints Edwin Moses as President and COO

Sasken Technologies Ltd. (BSE: 532663 & NSE: SASKEN) today announced the appointment of Edwin Moses as President and Chief Operating Officer reporting to Chairman, Managing Director & CEO Rajiv C Mody. Effective immediately, he will assume responsibility for Worldwide Sales, Global Delivery, Practice & R&D, Marketing, and other business enabling functions.

"Edwin is an accomplished industry leader who has driven and executed global growth & transformation initiatives in complex markets and operating environments," said Rajiv C Mody, Chairman, Managing Director & CEO, Sasken. "We believe his strong track record of driving strategic alignment and accountability, also championing operational excellence across the organization, will lead our concerted efforts to grow multi-year, sustainable revenue streams. Edwin will drive this transformation from here on," added Rajiv C Mody.

"I am excited to be back at Sasken, a company I regard as my alma mater and I look forward to leveraging the engineering DNA of Sasken and realize its potential to the fullest," said Edwin Moses.

"I am confident that the leadership team and I will charter a course to ensure Sasken emerges a stronger and scaled provider of world-class 'Chip to cognition services'," he added.

Edwin brings 35+ years of deep cross-functional leadership experience across a diverse array of markets and industries. Till recently, he was with the Oracle Corporation as the Group Vice President for FSGBU Consulting business. In his earlier stint with Sasken, he led the Worldwide Marketing and Sales for the company's Products Division between 2001 - 08.

Shares of Sasken Technologies Ltd was last trading in BSE at Rs.541.3 as compared to the previous close of Rs. 561.65. The total number of shares traded during the day was 5167 in over 661 trades.

The stock hit an intraday high of Rs. 562 and intraday low of 528.2. The net turnover during the day was Rs. 2808938.

Source : Equity Bulls

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