Subhash Kelkar comes on board as Chief Technology Officer and Vijay Iyer gets elevated to the role of Vice President of the Cash Management Business and Service Delivery.
With a network spanning over 105,000 ATMs and retail outlets, CMS positions itself as the backbone of the ‘circulation cycle’ of the country's economy. Kelkar and Iyer are expected to provide further impetus and direction to developing and expanding the company’s businesses across the country. Both of them will be based out of Mumbai and drive the business for CMS Info Systems from there.
Kelkar comes with over 25 years of experience, and has also led the digital transformation at brands such as Club Mahindra, Tech Mahindra and TCS. At CMS, he will work on accelerating the company’s digital transformation in addition to managing the Managed Services Technology Projects.
Further, Iyer will oversee the operations in the North and Central zones and the process of building CMS as an agile commercial, finance and fleet organization. With this appointment the leadership team at CMS Info Systems expects to move forward to the next phase of growth in the Cash Management business. Iyer is a CIT industry veteran and has worked at brands like Brinks, Secure Value and AGS.
ATM transactions have increased in recent times, despite demonetization. Currently, as of April 2019, the economy has seen an uptrend in currency circulation of ₹21.42 lakh crore, recording an increase of 17.5 percent on a Y-o-Y basis. This positive trend created an opportunity for CMS Info Systems to expand and increase their market share. As investment and development of technology becomes even more critical Kelkar’s role will be extremely important. Simultaneously service delivery also holds great importance for overall customer experience, so Iyer’s leadership will also be critical for CMS Info Systems’ business.