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Board of Directors of Gennext Ltd., the leading ICT systems integrator, announced the appointment of S. Muralidharan as CEO to spearhead the company’s next phase of growth with effect from 1 July.
Murali as he is popularly known across the ICT Industry in Sri Lanka, is a 28-year industry veteran with a string of senior positions to his credit, the last being CEO of Sampath IT, the 100% owned subsidiary of Sampath Bank. He is also a Board Member of the two highly regarded industry bodies, the Information & Communication Technology Industry Skills Council (ICTISC) and the Sri Lanka Association of Software & Services Companies (SLASSCOM).
Outlining Gennext’s plans for the future, Murali commented, “Gennext is a well-established company that has gained the respect and recognition of clients. It has a solid foundation in terms of business fundamentals, the reason for it’s over five-fold growth in the past six years. It is also a company that has a culture that fosters innovation. With a young, dynamic team, it is very customer-focused enabling the company to acquire some large clients from the more established players in the market. With such a backdrop, Gennext having grown faster than the market historically, is perfectly positioned to accelerate its growth momentum in the coming years.” Asked to comment on his contribution to such growth, Murali commented in following terms “Sri Lanka’s IT/BPM market is expected to hit $ 5 billion in revenue by 2022. I intend to leverage my expertise and strong industry-wide relationships from my close to three decades in ICT to drive forward the company’s next phase of growth where we intend to specialise in new sectors and expand into the South Asian market.” Established 6 years ago, Gennext helps clients build high performance business and services organisations from all industry segments. The company’s product and services include, ICT Integration, Infrastructure Solutions, FinTech Solutions, value added services (VAS), Device as a Service (DaaS), Enterprise Resource Plan (ERP), Business Intelligence(BI), Artificial Intelligence(AI) based solutions, Core Banking, Block-chain based solutions, managed services and pre-sales consultancy, post-sales implementation with a focus on open source applications and cloud based solutions. Commenting on the appointment, Saliya Rajakaruna, former CEO of NTB and a veteran in the field of Banking and Finance and Chairman of Gennext stated, “Gennext has reported remarkable growth in the six years since inception with double digit growth year-on-year, a growth rate better than the industry. While the ICT industry is expected to expand significantly. The Board is confident that with this appointment, Gennext now has both the leadership and the staff to build on its existing strengths and focus on exciting new directions that will ensure future sustainability and growth. Accordingly the appointment of Murali reflects our intent to place Gennext in that trajectory and uplift the company to the next level.”
Gennext specialises in identifying new business and technology trends and develops solutions to help clients to enter new markets, increase revenues in existing markets, improve operational performance and deliver their products and services more effectively and efficiently. The company works with a gamut of global technology giants that include DellEMC, Centerm, HP, SysAid, Cisco, VMware, Microsoft, open source products to name some of them. In terms of customers, it counts a diversified base both world-class international and national entities in telco, banking and finance, public and government, apparel and manufacturing, education, health and a host of other verticals.