Opus Software appoints Ramakrishnan as president and CEO

Opus Software has announced the appointment of Anand Ramakrishnan as president and CEO of the company.

Anand Ramakrishnan, president and CEO, Opus Software

Ramakrishnan takes over the position from Ramesh Mengawade (ex- CEO of Opus Software and ElectraCard Solutions) who will continue to be with the company as executive chairman.

The move is part of Opus Software's growth strategy, aimed at accelerated growth in the North American marketplace. Earlier this year, Opus Software Solutions entered into an agreement with MasterCard to sell its subsidiary ElectraCard Services for an undisclosed amount.

Ramakrishnan joins Opus from Capgemini, North America where he served for the better part of the last two decades, the latest as the SVP of Banking Business Unit, responsible for business development. Anand was part of the senior management team at Kanbay, (acquired by Capgemini in 2007).

Anand gained his B.Tech degree fromCollege of Engineering, Trivandrum and an MBA in Finance and Strategy from Booth School of Business, University of Chicago.

Ramesh Mengawade, executive chairman, Opus Software Solutions said, "To align ourselves closely to meet the demands of our existing customers, we needed a leader who has a proven track record in the North American marketplace. Anand's knowledge and experience of leading a company will enable existing team to grow as leaders in their own right."

Anand Ramakrishnan, CEO and president, Opus Software Solutions commented, "Opus Software is going through an exciting growth journey and I am happy to be a part of it. My focus will be to attain and improve our leadership position in the retail payments industry by significantly enhancing our presence in US and India. Talent acquisition and strategic alliances with industry leaders are going to play a major role in our growth aspirations."