Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Handshake

27406

Volante Technologies adds non-exec Board member and Executive in Residence

RELATED TOPICS​

Volante Technologies, a provider of software for the integration, processing and orchestration of payments and financial messages, has appointed David Mark, Senior Partner and Managing Director at The Boston Consulting Group (BCG), to its Board of Directors.

Harpreet (Harp) Grewal, long-time member of the firm’s Board of Directors, takes on an additional role in the firm as Executive in Residence.
 
David Mark joins Volante’s board with extensive experience in helping clients with product, strategy and innovation. Most recently Mark has been working with clients to take advantage of emerging technologies such as blockchain, cloud computing, big data and analytics. Prior to joining BCG, Mark was Chief Strategy Officer for Flex, a fortune 500 technology firm. Mark has also served as a Senior Partner at McKinsey & Co.
 
Grewal joins Volante’s team in the position of Executive in Residence having served the past 5 years on the firm’s board. Harp also currently serves on the board of a number of firms, including Penumbra NYSE: PEN. Harp was previously General Manager and CFO at Constant Contact, where he played an integral role in the firm’s acquisition to Endurance International group for USD1.1 billion. He has also served as CFO at Cimpress and in various strategy roles at PepsiCo.
 
Mark says: “Volante has established itself as a leader in true payments innovation. Volante’s products accelerate business agility exponentially. In today’s rapidly changing payments landscape with the increased use of APIs and blockchain technology, the ability to adapt to change creates competitive advantages. I look forward to helping Vijay and the team with their strategic objectives to achieve the growth of the company.”
 
Grewal adds: “I have known Volante and its leadership team for many years. They are one of the leaders in disrupting the global payment and financial messaging space for some of the largest financial institutions around the world. I am excited to have the opportunity to take on a more expansive operational role to help the team accelerate Volante’s momentum in the payments space.”
 
Vijay Oddiraju, CEO Volante Technologies, says: “I am delighted to welcome David to our Board and to have increased operational involvement from Harp. Both David and Harp bring a wealth of expertise to our firm. 2017 was a monumental year for Volante in driving payments innovation; the first real-time payment in the US was enabled through Volante’s technology and we are looking forward to facilitating further innovation in 2018. As we expand to provide greater payments innovation, we will lean on David’s insights as a trusted advisor to the largest technology firms and on Harp’s experience managing high growth companies to guide our focused growth. Together, the two leaders provide a unique blend of strategic and operational experience that will contribute to Volante Technologies’ sustained position as a payments innovation partner.”

Latest News

Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according..
Octopus Investments (Octopus) has announced it has launched a Natural Capital Strategy...
Research firm focused on Alternative UCITS funds, Kepler Absolute Hedge, has published its Market Intelligence..

Related Articles

Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by