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Lycos appoints Ramesh Reddy as group CFO

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MUMBAI: Lycos has announced the appointment of Y.Ramesh Reddy as the group chief financial officer and executive director (finance) for the entire group. Reddy will report to the chairman and CEO Suresh Reddy and will oversee corporate finance, financial strategy, investor relations and reporting for the company. He will work closely with regional and global financial teams to raise the bar further on strengthening the financial foundation and fiscal discipline of the company.

Lycos is working on a meaningful and widespread reorganization of the group. These changes, the company says, are designed to simplify the way it interacts with customers, partners, investors and the world at large.

“Ramesh has witnessed the trajectory of the company as a director on the board for the last eight years. We are thrilled to see him take up an executive role with Lycos. His acute business acumen and solid experience in finance will be a big plus to the company” said Suresh Reddy.

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Ramesh brings more than 25 years of experience to the company, including an extensive background working with public companies, corporate finance, operations management, financial planning and analysis, mergers and acquisitions, and investor relation. He was the group CFO of Cambridge Energy Resources (CER) and was also the group CFO of Cambridge Technology Enterprise. Prior to joining CTE, he was with Virinchi where he played a key role as the head of the product development and chief functional architect. 

 

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FSS names Anand Krishnamurthi head of global digital delivery

Tech veteran to drive AI-first, cloud-led transformation in payments globally

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CHENNAI: Financial Software and Systems (FSS), an AI-first payment infrastructure company, has appointed Anand Krishnamurthi as head of global digital delivery.

In his new role, Anand Krishnamurthi will lead FSS’s global digital delivery capabilities, focusing on AI-first and cloud-led transformation while ensuring predictable, high-quality outcomes for customers worldwide. He will be based in Chennai and report to V. Balasubramanian, CEO of FSS.

Bringing 28 years of experience in technology and digital transformation across banking, capital markets, financial services, and insurance, Anand has held senior leadership positions at Cognizant and NuSummit. He is recognised for scaling multi-geography delivery teams, leading mission-critical platforms, and embedding AI-driven automation in complex, regulated environments.

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“What drew me to FSS is its deep payments expertise, strong product DNA, and the scale at which its platforms power real-world financial ecosystems,” said Anand Krishnamurthi. “I aim to strengthen delivery predictability, execution rigor, and engineering quality, building empowered teams that deliver measurable customer outcomes. FSS has a unique opportunity to create real-time, AI-infused payments infrastructure that is resilient, secure, and globally scalable.”

V. Balasubramanian added, “Anand’s track record in leading multi-geography delivery programs and AI-first operating models makes him the ideal leader for FSS as we accelerate our AI-driven digital payments business. His leadership will help us raise the bar for outcomes globally.”

This appointment is part of FSS’s broader push to build an AI-powered, cloud-native delivery organisation capable of meeting the evolving needs of banks, fintechs, and financial institutions worldwide.

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