Sonata names new head for Finance

BANGALORE, INDIA: Sonata Software, a provider in IT services, announced the appointment of N Venkatraman as head - Strategic Finance and Risk Management.

In this position, Venkat would oversee various aspects of Risk Management and Control functions, including valuations and deal structuring for M&As, Financial Information Systems, and Legal & Regulatory functions at Sonata, said a press release.

Prior to joining Sonata, Venkat worked with Team Lease Services where he held the position of CFO and Head of Operations. Having worked in Consulting, IT and HR services, Venkat brings to Sonata a combined experience of 14 years.

He started his career with Andersen after which he spearheaded the Finance functions at both Perot Systems and Mind Tree Consulting.

Commenting on Venkat’s appointment, president and managing director of Sonata Software, B Ramaswamy said, “Venkat brings a wealth of experience to this role. His innovative approach in financial planning and risk assessment will be a strong asset to us, especially in our quest for opportunities in inorganic growth.”

He added that Venkat would be instrumental in ensuring that Sonata continues to foster a strong commercial focus in its operations. They look forward to working with Venkat in the next stage of their development.