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Press Release

iYogi Reconstitutes Board By Appointing Three New Independent Directors

Sep 7th, 2011
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iYogi, a leading on-demand tech support company, today announced the addition of three new independent directors to its board of directors. With the joining of Sridar Iyengar, Subhash Lallah and Chandra Gujadhur, the strength of the board now stands at seven.

“The addition of these independent members to iYogi’s Board of Directors will be invaluable in guiding the course for iYogi’s future. At this stage we were looking for the right mix of experience and individuals who have had demonstrated success in mentoring companies. Sridar, Subhash and Chandra bring that and more through their diverse backgrounds,” said Uday Challu, CEO and co-founder of iYogi. “Since inception, we have worked towards implementing globally accepted best practices for governance at iYogi. The appointment of independent directors to the board further demonstrates this commitment,” he added.

Sridar A Iyengar is a director with Infosys Technologies, ICICI Bank, Dr Reddy’s Laboratories, OnMobile Global Ltd, and other well-known companies.  He was a senior partner with KPMG in the US and the UK and he has been Chairperson and CEO of KPMG’s India operations.  He is also a director of the American Indian Foundation.

Subhash C Lallah, Senior Counsel of the Republic of Mauritius, has over 40 years experience at the Bar and was called to both the Bar of England & Wales and the Mauritius Bar. He has acted as legal counsel and advocate for many international companies and funds. He was a Member of Parliament of Mauritius and Deputy Speaker of the national assembly.  He is director on the boards of Essar Energy Plc, Deutsche Bank Offshore Mauritius Ltd, Vodacom Ltd, Mauritian Eagle Leasing Co Ltd amongst others.

Chandra K Gujadhur, a seasoned finance professional, serves as Managing Director of Apex Fund Services in Mauritius.  Mr. Gujadhur previously served as a senior partner at Deloitte Mauritius, where he headed its corporate services unit and fund administration group.

Commenting on his appointment Mr. Iyengar said, “I am excited to be part of iYogi’s board. In a short period of only a few years, the company’s innovative model has demonstrated success. I look forward to being part of the company as it continues to enhance its existing corporate governance practices.”

MEDIA CONTACT

Indira Das

Indira.das@iyogi.com

iYogi
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