Alumni Profile: V Shankar

Created by Aravind S, Modified on Wed, 24 Jan 2024 at 09:32 PM by Aravind S

Educational journey at IIT Madras

V. Shankar graduated with a Bachelor’s degree in Mechanical Engineering from IIT Madras in 1981. He continued his academic pursuit with a Postgraduate Degree in Business Administration from the Indian Institute of Management, Calcutta in 1983.

Early Career

In 1983, Shankar initiated his professional career at Pond's India Ltd. Over a five-year tenure, he gained experience in Commercial, Project Management, and Sales Management functions, with a particular focus on systems initiatives.

Entrepreneurial Venture - CAMS

In 1988, Shankar founded CAMS - Computer Age Management Services Pvt. Ltd. The company, co-owned by NSE and HDFC, transformed the distribution of Mutual Fund services in India. Shankar served as the CEO from 1988 to 2014 and continued as a board member. CAMS presently manages over five crore investor accounts with assets exceeding INR 9 trillion.

Sterling Software (India) Pvt. Ltd.

In 1989, Shankar founded Sterling Software (India) Pvt. Ltd. The company, dedicated to providing IT services and software solutions in the Mutual Fund Industry, evolved into a robust provider of IT and platform-based transaction processing and CRM services to the Mutual Fund, Insurance, and Banking industries in India.

Contributions to the Financial Sector

Renowned for his expertise and operational experience in the financial sector, Shankar's initiatives have received recognition. Awards include the Outstanding Entrepreneur of the Year by TiECON in 2012 and the Distinguished Alumnus Award from IIM Calcutta and IIT Madras.

Ventures Beyond Business

Beyond his professional endeavors, Shankar engages in angel investing/mentoring, travel, music, and charitable activities. He is involved in promoting entrepreneurship through associations like The Chennai Angels and TIE Chennai. His philanthropic efforts extend to supporting initiatives for the elderly, health, education of the underprivileged, and higher education. Presently, Shankar is active in public and angel investing and mentoring through Acsys Investments Private Limited.

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