Jayashree Vaidhyanathan

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Jaya Vaidhyanathan
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NationalityIndian
CitizenshipIndia
OccupationBusinesspeople

Jaya Vaidhyanathan (née Jayashree Vaidhyanathan) is a business executive, currently the CEO of BCT Digital. She is an Independent Director on the board of UTI Asset Management Company[1] and IndiGrid. She is also serving as the Non-Executive Director on the board of PwCIL. She has previously served on the board of Altran Technologies[2] presently Capgemini Engineering. She is also an advisor to Mastermind Foundation[3].

A recipient of two Stevie® Award for Lifetime Achievement[4] and Female Executive of the Year for Women in Business[5], Vaidhyanathan is also a member of the CFA Society New York[6]. She is an alumna of Cornell University.

Jaya's most important contribution at a national level is to have built an Early Warning System[7] software called rt360-EWS and rt360-Real Time Monitoring System for Banks and Financial Institutions to assist in dealing with stressed assets and defaulters. Soon after joining Bahwan Cybertek, she built the EWS software as a response to the huge banking sector NPA crisis in India during 2015-16. She had earlier commissioned a survey on ‘Credit Monitoring Practices in India’ that explored the technology readiness of top banks in tackling the NPA issue.

Most recently, the Reserve Bank of India has selected six entities, including Bahwan Cybertek, for the ‘Test Phase’ under regulatory sandbox for the theme ‘Prevention and Mitigation of Financial Frauds[8]’. RBI said Bahwan Cybertek’s solution ‘rt360 Real Time Monitoring System’ provides a comprehensive surveillance mechanism for monitoring transactions and events from loan accounts on a continuous and real time basis.

Early life

Jaya was born in Mumbai, India, to K. G. Vaidhyanathan and Sundari Vaidhyanathan. Her father was a specialist in setting up chemical plants and due to the nature of her father’s profession, during Vaidhyanathan’s early years, the family moved across India and abroad.

Education

Vaidhyanathan received a bachelor's degree in engineering in computer science from Madras University in 1991. She has a Master of Business Administration in Finance & Strategy from Cornell University. She is also a member of the CFA Society New York[9], erstwhile New York Society of Security Analysts.

Career

Vaidhyanathan began her career as an investment banker at CIBC Oppenheimer, Wall Street, specializing in mergers and acquisitions. She returned to India in 2002, and joined HCL as a Director, heading the large-deals business. In 2006, she joined Accenture as Managing Partner of the Financial Services business. In 2009, she joined Standard Chartered Bank as the Executive Vice President, managing technology and strategic transformation[10]. In 2014, Vaidhyanathan joined Bahwan CyberTek as President of BFSI and Strategic initiatives, kickstarting their FinTech initiatives under BCT Digital. In 2019 she became the CEO of BCT Digital

Jaya is member of the Tamil Nadu CEO Committee, IT & Start up Committee, as well as in the core Committee of Tech Next 2022 at the Confederation of Indian Industry (CII). She is a member of the BFSI expert committee at the Indian Chamber of Commerce (ICC) and is also a part of the National Executive Committee of the Federation of Indian Chambers of Commerce & Industry (FICCI).

Awards and recognition

In 2005, Vaidhyanathan was presented the Outstanding Woman Manager of the Year award by the Madras Management Association (MMA)[11]

In 2005, she was presented the IT Woman of the Year Award by MMA[12]

In 2014, she won the prestigious Stevie Award for Women in Business[13]

In 2016, she was named as the Tech Woman of the Year Award at the Disruptive Tech and Innovation Summit[14]

In 2017, she was announced as the Innovator of the Decade Award from the International Women Leaders Forum[15]

In 2019, she was honored with the Stevie Lifetime Achievement Award[16]

In 2020, she won the Women in AI Leadership Award by Analytics India Magazine[17] and the Tech Leadership award by Fintech Futures[18]

In 2022, she was named the Global Indian of the year 2021-2022 Award by AsiaOne Magazine

In 2022, she was awarded Fintech Woman Leader of the year 2022 by Businessworld Festival of FinTech[19]

in 2022, she was awarded the 'Life Time Achievement Award' at the Tamil Nadu Leadership Awards, 2022

References

  1. "Altran's Board of Directors appoints Jaya Vaidhyanathan as new board member". Capgemini Engineering Netherlands. Retrieved 2022-06-28.
  2. "Altran's Board of Directors appoints Jaya Vaidhyanathan as new board member". Capgemini Engineering Netherlands. Retrieved 2022-06-28.
  3. "Altran's Board of Directors appoints Jaya Vaidhyanathan as new board member". Capgemini Engineering Netherlands. Retrieved 2022-06-28.
  4. "Search All Past Stevie® Winners and Finalists | Stevie Awards". stevieawards.com. Retrieved 2022-06-28.
  5. "Search All Past Stevie® Winners and Finalists | Page 5 | Stevie Awards". stevieawards.com. Retrieved 2022-06-28.
  6. "Logging in..." azprdb2c1.b2clogin.com. Retrieved 2022-06-28.
  7. Lakshman, Kruthikaa (12 Jan 2022). "Jaya Built an Early Warning System for Banks". The Times of India, Newspaper. Retrieved 12 Jan 2022.
  8. "Risk containment. RBI opens sandbox to 6 firms to test anti-fraud solution". The Hindu Businessline, Newspaper and ePaper. 2023-01-05. Retrieved 2023-01-05.
  9. "Logging in..." azprdb2c1.b2clogin.com. Retrieved 2022-06-28.
  10. "Standard Chartered's BPO to prune vendors, save $7 mn". Deccan Herald. 2012-01-19. Retrieved 2022-06-28.
  11. "Outstanding Woman Achievers in IT". siliconindia. Retrieved 2022-06-28.
  12. "Jaya Vaidhyanathan: IT woman of the year". -DQWeek. 2005-04-11. Retrieved 2022-06-28.
  13. Jaya Vaidhyanathan wins a Bronze 2014 Stevie® Award in Women in Business Awards, retrieved 2022-06-28
  14. "Bahwan CyberTek wins two awards at the Disruptive Tech and Innovation Summit 2016". Insights Success. 2017-01-16. Retrieved 2022-06-28.
  15. "Jaya VaidhyanathanWins 'Innovator of the Decade Award' from IWLF". www.digitalterminal.in. Retrieved 2022-06-28.
  16. "Search All Past Stevie® Winners and Finalists | Stevie Awards". stevieawards.com. Retrieved 2022-06-28.
  17. "Top 11 Women AI Leaders In India — 2020". Analytics India Magazine. 2020-07-10. Retrieved 2022-06-28.
  18. "Banking Tech Awards". informaconnect.com. Retrieved 2022-06-28.
  19. Bureau, BW Online. "BW FinTech 2022 Top Innovators To Watch Out For". BW Disrupt. Retrieved 2022-06-28.

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