Sify Technologies (SIFY) Appoints Ajay Kumar to its Board
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Sify Technologies Limited (NASDAQ: SIFY) today announced the appointment of Dr. Ajay Kumar as the incoming Director on the Board of Sify Technologies Limited.
An Indian Administrative Service officer of the 1985 batch, Dr. Ajay Kumar last served as the Defence Secretary for the Government of India and has deep expertise in the technology and policy domains. Previously, as head of several government enterprises, he has scripted major successes in defence industry ecosystem including defence startup ecosystem through iDEX between 2017-2022, Digital India initiatives including Aadhaar, UPI, Jeevan Pramaan between 2014-2017 among others. Dr. Kumar has been instrumental in boosting performance of Defence PSUs during 2018-2022 and promoting startups in the drone and space sector between 2020-2021.
Dr. Kumar holds a B.Tech in electrical engineering, a Master's degree in applied economics from the University of Minnesota and a PhD in business administration from the Carlson School of Management at the University of Minnesota.
On superannuation, Dr. Kumar assumed the position of Distinguished Visiting Professor in the Department of Management Sciences and the Department of Economic Sciences at the Indian Institute of Technology, Kanpur.
Welcoming him on board, Mr. Raju Vegesna, Chairman, said, “We are pleased to welcome Dr. Kumar on board. I am convinced that his vast experience across multiple industries will add value to both our business strategy and corporate governance.”
Dr. Ajay Kumar remarked, “It gives me immense pleasure to join the Board of Sify Technologies Limited. Uniquely positioned, Sify stands out with its converged ecosystem of Networks, Data Centers and Digital tools. Over the years, they have also built a strong reputation for corporate governance.”
Mr. Vegesna concluded, “Three of our longest-serving Directors, Dr. T H Chowdary, Mr. C B Mouli and Mr. C E S Azariah take leave from the Board on completion of their tenure. I, and the entire Sify family, benefitted greatly from their mentorship and extend our deepest gratitude and appreciation for the services rendered.”
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