MAM
Vistara’s Robot wins big at ICMG Global Architecture Excellence Awards 2018
MUMBAI: Vistara, India’s finest full-service carrier, has bagged the prestigious ICMG Global Architecture Excellence Awards 2018 at the Architecture World Summit 2018 recently held in New York, USA. Vistara’s Robotics Program – of which the airline recently introduced India’s first robot designed to assist travellers at airports – was adjudged the winner in two categories – Artificial Intelligence & Robotics Enabled Solution and Customer Centricity & Excellence categories, by an eminent jury panel led by Mr. John Zachman, known as the Father of Enterprise Architecture. Vistara’s robot won against innovations from some of world’s biggest organizations operating in diverse sectors.
Winners of the coveted ICMG Global Architecture Excellence Awards are selected through an elaborate, stringent process of four rounds that requires showcase of technology expertise, deep domain understanding, overall vision for the industry and a case study presentation at Architecture World Summit.
Expressing his delight, Mr. Leslie Thng, Chief Executive Officer, Vistara, said, “We are happy to receive this recognition for an innovation that truly reflects Vistara’s steadfast focus on transforming the experience for air travellers.”
Mr. Ravinder Pal Singh, Chief Information & Innovation Officer, Vistara, said, “For us, Vistara’s robot is a remarkable ‘Make in India’ story, and for it to be recognized at a global platform against world leaders in technology, makes this award so special. At Vistara, we are very upbeat about leveraging AI and other technologies to drive innovation that would make air travel a truly seamless and joyful experience.”
In the last 12 years, ICMG Architecture Awards have become the most prestigious global award program honoring excellence in the Enterprise and IT Architecture, with the leading companies from over 30 countries participating every year.
Vistara’s robot was also recently awarded by ET NOW for ‘Excellence in Leveraging IT for Business Performance. As part of its futuristic technology framework, Vistara introduced the first-of-its-kind robot earlier this year and ushered in a novel innovation in the form of an indigenously built robot that assists travellers in the airline’s lounge at New Delhi’s Terminal 3, Indira Gandhi International Airport, addresses their queries and also entertains them. It is built on a chassis of four wheels, enabling it to rotate 360 degrees, and has three in-built cameras for cognitive interaction. At present, the robot is equipped to perform functions such as scanning boarding passes, providing useful information about the terminal, departure gates, weather conditions of the destination city, real time flight status, play songs, games, etc. The robot’s capabilities are being enhanced and it is being upgraded to perform more complex tasks in the near future, to assist travellers in many more ways.
As the highest-rated Indian airline on Skytrax and TripAdvisor, and winner of several ‘Best in Industry’ awards, Vistara has consistently raised the bar for operations and service delivery in the Indian aviation industry in a short span of less than four years. The airline today serves 22 destinations with over 800 flights a week and a fleet of 22 aircraft, and has flown over 12 million customers since launch.
About Vistara (TATA SIA Airlines Limited): TATA SIA Airlines Limited, known by the brand name Vistara, is a joint venture between Tata Sons Limited and Singapore Airlines Limited (SIA) with Tata Sons holding the majority stake of 51% in the company and SIA holding the remaining 49%. Vistara brings together Tata’s and SIA’s legendary hospitality and renowned service excellence to launch the finest full-service carrier in India aimed at creating memorable and personalized flying experiences for its customers. Vistara commenced its commercial operations on January 9, 2015 with an aim to set new standards in the aviation industry in India.
Brands
YES Bank hands the keys to SBI veteran Vinay Tonse as it bets on a new era
Former SBI managing director appointed as YES Bank’s new MD and CEO
MUMBAI: YES Bank is done rebuilding. Now it wants to grow. The private sector lender has appointed Vinay Muralidhar Tonse as managing director and chief executive officer-designate, with RBI approval secured and a start date of April 6, 2026 confirmed. The three-year term signals the bank’s intent to shift gears from crisis recovery to full-throttle expansion.
Tonse, 60, is no stranger to scale. Most recently managing director at State Bank of India, he oversaw a retail book of roughly $800bn in deposits and advances, one of the largest in the country. Before that, he ran SBI Mutual Fund from August 2020 to December 2022, a stint that saw assets under management surge from Rs 4.32 lakh crore to Rs 7.32 lakh crore across market cycles. Add stints in Singapore and four years leading SBI’s overseas operations in Osaka, and the incoming chief arrives with a genuinely global CV.
His academic grounding is equally solid: a commerce degree from St Joseph’s College of Commerce, Bengaluru, and a master’s in commerce from Bangalore University.
The appointment follows an extensive search and evaluation process by the bank’s Nomination and Remuneration Committee. NRC chairperson Nandita Gurjar said the committee unanimously backed Tonse, citing his leadership track record, governance credentials and ability to drive the bank’s next phase of transformation.
Non-executive chairman Rama Subramaniam Gandhi was unequivocal. “I am certain that Vinay Tonse, with his vast experience as a senior banker, will propel YES Bank to its next phase of growth,” Gandhi said, adding that the bank remains focused on strengthening its retail and corporate banking franchises and expanding its branch network.
Rajeev Kannan, non-executive director and senior executive at Sumitomo Mitsui Banking Corporation, the bank’s largest shareholder, said Tonse’s experience across retail, corporate banking, global markets and asset management positioned him well to lead the lender. SMBC said it looks forward to working with Tonse and the board as YES Bank pursues its ambition of becoming a top-tier private sector lender anchored in strong governance and sustainable growth.
Tonse succeeds Prashant Kumar, who took the helm in March 2020 when YES Bank was in freefall following a severe financial crisis, and spent six years painstakingly stabilising the institution, rebuilding governance and restoring operational scale. Gandhi was generous: “The bank remains indebted to Prashant Kumar, who is responsible for much of what a strong financial powerhouse YES Bank is today.”
Tonse, for his part, struck a purposeful note. “Together with the board and my colleagues, I remain deeply committed to creating long-term value for all our stakeholders,” he said, pledging to build on Kumar’s foundation guided by his personal motto: Make A Difference.
Beyond the balance sheet, Tonse played cricket at college and club level and represented Karnataka in archery at the national championships — sports he credits with teaching him teamwork, situational leadership, discipline and focus. In quieter moments, he reaches for retro Kannada music, classic Hindi songs, and the crooning of Engelbert Humperdinck, Mukesh and Kishore Kumar.
YES Bank has its steady-handed rebuilder in Kumar to thank for survival. Now it has a scale-obsessed growth banker at the wheel. The next chapter starts April 6.
