Sonata names N Venkatraman as Head - Strategic Finance and Risk Mgmt

Sonata Software announced the appointment of N Venkatraman as Head - Strategic Finance and Risk Management. In this position, Venkat will 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.

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. Venkat will be instrumental in ensuring that Sonata continues to foster a strong commercial focus in its operations. We look forward to working with Venkat in the next stage of our development.”

About Sonata Software Limited
Sonata Software, headquartered in Bangalore, India, is a leading IT consulting and services company. Sonata's customers are located across the US, Europe, Middle East and the Asia-Pacific region. Its portfolio of services includes IT Consulting, Product Engineering Services, Travel Solutions, Application Development, Application Management, Managed Testing, Business Intelligence, Infrastructure Management and Packaged Applications. As per the industry rankings released by NASSCOM for FY07-08, Sonata Software figured among the Top 20 IT Software and Service Exporters in India. Sonata Software has also been ranked global #2 in the 2008 Top Ten ESO: Outsourced Software Development in The Black Book of Outsourcing.