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Google India names Business Heads for Financial Services, Technology and Travel & Local

NEW DELHI, India (May 26, 2008) – Google today announced the appointment of Sridhar Seshadri as Business Head – Financial Services, Parminder Singh as Business Head – Technology and Narasimha Jayakumar as Business Head – Travel & Local for its advertising and monetization business. The appointment of these senior business executives is part of Google India’s strategy to go deep in the key sectors identified above and deliver significant and measurable growth for customers leveraging the AdWords platform. Industry teams led by these newly appointed leaders will focus on providing counsel to customers regarding their digital, marketing and advertising strategies.

As Business Head – Financial Services, Sridhar will lead a team that will be responsible for the generation of advertising business from the financial services segment and will focus on serving key clients in the Banking, Insurance, and Mutual Funds sectors. As Business Head – Technology, Parminder will lead a team that drives Google’s advertising operations in the technology and telecommunications space in India. As Business Head – Travel and Local (Local includes classifieds, education and real estate), Narasimha will similarly aim to grow Google’s presence in this space. Commenting on the appointments, Mr. Shailesh Rao, Managing Director, Google India said, "We always seek more ways to create value for our partners and customers. At this stage of our evolution in India, we believe it is critical to bring in senior executives who have the right domain expertise to drive focused growth for Google and our customers in key industry sectors. To create more value for our customers we want to be able to help them perfect their digital strategies and drive measurable and sustained business growth by leveraging the medium to its fullest using platforms like AdWords across the web, mobile, and potentially other channels in the future. These three individuals, each rising executive stars in their respective industries, represent the perfect blend of industry credibility rooted in real front line experience and a deep understanding of technology and how it will transform these markets for decades to come. We are excited and privileged to have their leadership at Google."

Sridhar Seshadri brings with him a decade of work experience with ICICI Bank, across a number of divisions and functions. Sridhar has, through his long tenure at the Bank, participated in the transformation and quick growth of the bank leading it to become the premier banking institution in India. At ICICI Bank, his responsibilities spanned from advertising and marketing to product development and branch banking. Most recently, he was in the Rural, Agricultural and Micro-Banking division of ICICI Bank. He was also nominated as an exemplar for the DNA Awards at the Bank, for Innovation, Nurturing Talent and Collaboration. Sridhar holds a Bachelors degree in Chemical Plant Engineering from Mumbai University and an MBA from the Indian Institute of Management, Lucknow.

Parminder Singh has over 14 years of cross-functional experience in strategy and brand marketing with focus in the technology and telecommunication sector. He was Country Head of Marketing for Apple and most recently Head of Marketing for IBM’s Hardware division. With a track record of consistent and outstanding performance in companies such as IBM, Apple, HCL and Cyrix (National Semiconductor), he has been responsible for introducing several best practice marketing campaigns and is also credited with launching and setting up successful distribution networks for high technology products. He was awarded IBM’s prestigious Asia – Pacific Role Model award for excellence in the marketing discipline. He holds an MBA in Marketing from University Business School, Chandigarh and Bachelors in Physics (Hons.) from Delhi University.

Narasimha Jayakumar brings with him over 10 years of experience across multiple industries having worked with companies such as Expedia Inc., Cendant Corporation, Tata Consultancy Services and IBM India amongst others. Narasimha ran the B2B client portfolio for the distribution business of Expedia Europe based out of London. Narasimha was awarded the "Special Achievement – MD’s Award" (2006) and the "Power of Many" Award – (2004) for outstanding contribution while at Cendant, and the IBM ‘Outstanding Contribution’ for exceptional sales achievement. Narasimha holds an MBA from the London Business School and a Bachelor of Technology Degree in Computer Engineering from the National Institute of Technology, Surathkal where he graduated 2nd. He is also a Post Graduate Diploma in Management (PGDM) holder from the Indian Institute of Management, Bangalore, India, achieving a distinction.

About Google Inc.

Google’s innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top web property in all major global markets. Google’s targeted advertising program provides businesses of all sizes with measurable results, while enhancing the overall web experience for users. Google is headquartered in Silicon Valley with offices throughout the Americas, Europe and Asia. For more information, visit www.google.com.

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Media Contacts

Roli Agarwal
Communications & Public Affairs Manager
Google India
roli@google.com
040-66193600