Exela Technologies, Inc. names Lakshmi Narayanan Chandramohan to President, Bills and Payments. In his role, Lakshmi will be responsible for financial institutions within Exela's Exchange for Bills and Payments (“XBP”). XBP is the larger revenue contributor in the ITPS accounting segment. Lakshmi will continue to bring Exela's value proposition to financial institutions across the Americas while collaborating with others in the organization to expand business across industry verticals.
Financial institutions around the world face mounting pressure from new competitors, disruptive technologies, an aging legacy infrastructure, and burdensome regulatory requirements. This rapidly evolving landscape requires heightened focus on operational efficiency, digital enablement, business continuity planning, and an improved customer experience. Exela's XBP solutions enable customers to leverage a single platform augmenting Exela's automation technology that drives down costs, improves accuracy, consolidates data and improves cycle time. Lakshmi brings 27 years of experience to Exela and has been with Exela for over 10 years in various roles of increasing responsibility. Lakshmi has also been responsible for facilitating the growth in the financial institutions space. Lakshmi is a Six Sigma Master Black Belt with a Masters in Statistics and a SAS Certified Professional.