FIS Appoints Anil Chakravarthy to Board

By Chris Stiles • Friday, January 23 03:38 • Permanent Link

FIS, a global financial technology leader, has announced the appointment of Anil Chakravarthy to its board of directors. This move increases the size of the board from nine to ten directors, with nine of them being independent. Anil Chakravarthy is renowned for his expertise in enterprise software, cloud transformation, and AI-powered solutions.

Chakravarthy currently serves as the President of Customer Experience Orchestration Business at Adobe, a global technology leader. During his tenure at Adobe, he has been responsible for worldwide field operations, including enterprise sales, professional services, and customer success.

Before joining Adobe, Chakravarthy served as the CEO of Informatica, where he successfully led the company's transformation to cloud and subscription services. His track record also includes leadership roles at Symantec Corporation and VeriSign, showcasing his deep experience in the technology and software industry.

Stephanie Ferris, the CEO and President of FIS, highlighted Chakravarthy's expertise in customer experience orchestration and AI-powered solutions, emphasizing how it aligns with FIS' strategic priorities and vision to unlock financial technology across the money lifecycle.

The addition of Anil Chakravarthy to the board brings invaluable insights as FIS continues to innovate and expand its capabilities, with a focus on delivering exceptional value to its clients. His proven leadership in driving AI transformation at scale and extensive experience in SaaS and data management is expected to play a key role in advancing FIS' financial technology innovation.

FIS, headquartered in Jacksonville, Fla., is a member of the Fortune 500® and the Standard & Poor’s 500® index, providing solutions to financial institutions, businesses, and developers. The company is dedicated to advancing the way the world pays, banks, and invests by helping clients confidently run, grow, and protect their businesses. The market has reacted to these announcements by moving the company's shares -0.16% to a price of $63.35. If you want to know more, read the company's complete 8-K report here.

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