Mumbai, India – August 01, 2016
CMS Info Systems, India’s largest and the world’s fifth-largest cash management company, has appointed Dr. Sheen Akkara as its new Chief Human Resources Officer (CHRO). Dr. Akkara joins from Nielsen where he was Executive Director, South Asia for the last five years.
On assuming leadership of the company’s human resources function, Dr. Akkara said “I am extremely excited with what I find are unique possibilities and opportunities at CMS. This is a team that has grown exponentially over the years and boasts diversity especially in skills and demographic profiles. The work that the company does is critical to the society and people are at the heart of it. I look forward to working with this dynamic team and bringing in comprehensive systems and programmes that can help take company to the next phase of growth.”
Speaking on Dr. Akkara’s appointment, Rajiv Kaul, CEO & Vice-Chairman, CMS Info Systems said, “Sheen comes to us with a very interesting track record of over 25 years across several industries from which we hope to apply some of the best practices. We will be relying heavily on his expertise in launching initiatives to take the company to its next stage of growth and in helping us attract, develop and retain great talent.
A doctorate in human resources from the Madras University, Dr Akkara also holds a Masters in Social Work from Madras Christian College and a Bachelor’s degree in chemistry from Loyala University.
CMS Info Systems Ltd. was formed in 2009 following an investment by the Blackstone Group to acquire majority stake in certain key businesses of CMS Computers (founded by the late Mr. Ramesh Grover family in 1976). In 2011, CMS Info Systems Ltd. acquired Securitrans India Private Limited (SIPL), the second largest cash management company in India, thus consolidating its position as the leading cash management services company in India. From cash processing to cash-in-transit, from cards to ATM network management and retail management, CMS manages the entire flow and management of money for the 100,000 ATM and Retail Points that it services. In 2015, Asia’s largest PE firm, Baring PE Asia acquired 100% stake in CMS Info Systems. For more information, please visit: www.cms.com