STL, an integrator of digital networks, has announced the addition of Mr. S. Madhavan and Mr. B.J. Arun to its Board of Directors, as independent Non-Executive Directors and Mr. Ankit Agarwal as a Whole Time Director.
Mr. Madhavan, Arun, and Ankit will work closely with the STL leadership team to provide governance and steer the company’s strategy of technology-led global expansion.
This strengthening of the board comes in the wake of the end of term of long-serving board members – Mr. Narayanaswamy, Mr. Todarwal, and the stepping down of Mr. Pratik Agarwal.
Mr. Narayanswamy and Mr. Todarwal, have been a key part of the STL Board since 2007 and 2003 respectively. They have been instrumental in building robust governance and leading the audit committee, which has contributed to STL’s strong performance and growth over the years.
Mr. Madhavan, a fellow member of the Institute of Chartered Accountants of India, has had a career in accounting spanning consumer, banking, and technology industries. He currently holds directorial positions in some of the top listed companies like HCL Technologies, ICICI Bank, UFO Moviez, and Transport Corporation of India.
Arun has founded and led multiple successful ventures in Silicon Valley. He founded California Digital, a Linux-based HPC leader, Librato, a software company, and was most recently the CEO of July Systems – a location-based mobile management platform.
Commenting on this announcement, Mr. Anil Agarwal, Chairman, STL, said “We are delighted to welcome Madhavan, Arun, and Ankit to STL’s Board. Madhavan is a powerhouse of experience in mentoring some of the biggest and fastest-growing companies, while Arun is a seasoned entrepreneur and has played a key role in building companies in the technology space. Their combined expertise in areas of finance and technology, along with Ankit’s direct experience at STL, will provide a solid foundation to establish technology leadership and profitable growth across global markets. We thank Pratik Agarwal for his valuable contribution to STL’s growth journey.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.