MAM
STAAH designates booking.com’s most innovative partner for 2023
Mumbai: The Most Innovative Partner Award for Booking.com represents STAAH’s innovative approach and implementing the most innovative solutions using Booking.com’s APIs. It confirms that STAAH’s Connectivity teams, including Client Managers, Engineers, Implementation Analysts, and many more around the globe, have demonstrated excellent performance across the board for Booking.com and their connections.
“Congratulations to the STAAH team,” said Booking.com senior director of connectivity partnerships Eddy Veldhuizen. “I want to express my sincere appreciation for your partnership and your continuous efforts in driving innovation within the connectivity partner programme. At Booking.com we value this innovation, and your early adoption and forward distribution of our solutions has made a significant impact in the industry. Let’s continue embracing innovation and making strides together in the coming year.”
Commenting on the award STAAH’s CEO Tony Howlett said, “We value our long-lasting partnership with Booking.com highly and we look forward to working side by side with them to help our accommodation partners grow their business.”
Booking.com’s connectivity partner program (CPP) helps the OTA maintain high-quality partnerships with connectivity providers that enable connected accommodation providers to keep growing their business. It is designed to encourage connectivity providers to take specific actions that benefit the property partners they work with. In return for each action these providers complete, they have the opportunity to advance their position in the CPP. They are also rewarded for offering quality connections and useful products and services, for helping test new products, and for sharing specific feedback.
There are three tiers in the CPP (standard, advanced and premier), and there is a series of minimum values (thresholds) that connectivity providers must meet to achieve their desired tiers. Since these tiers reflect providers’ overall performance, a provider’s position can help accommodation partners decide which is the best fit for their business. Connectivity partners can reach higher tiers based on the business value delivered, implementing Booking.com product features, developing a quality connection and engaging with the Booking.com team.
Brands
YES Bank appoints S Anantharaman as chief risk officer
Former Jio Financial Services group chief risk officer takes charge of enterprise-wide risk at the embattled private lender
MUMBAI: YES Bank is not taking chances with risk anymore. The private lender has appointed S Anantharaman as its chief risk officer, a hire that signals the bank’s continued effort to rebuild credibility and tighten the controls that once famously slipped.
Anantharaman arrives from Jio Financial Services, where he served as group chief risk officer and built a risk management architecture spanning lending, payments, insurance broking and asset management from the ground up. Before that, he held the chief risk officer role at Bank of Baroda and senior leadership positions at HDFC Bank and L&T Finance Holdings. Three decades in banking and financial services, in other words, with scars and qualifications to match. He is a chartered accountant and a CFA charterholder.
At YES Bank, his brief is considerable. Anantharaman will oversee the bank’s entire enterprise-wide risk framework, covering credit policy, market risk, operational risk, information security, data governance, analytics, model governance and data privacy. It is, in short, every lever that matters when a bank is trying to prove it has grown up.
YES Bank’s turbulent past needs little rehearsing. What it needs now is exactly what Anantharaman has spent thirty years building: the kind of risk culture that stops problems before they become headlines. The appointment suggests the bank knows it.
