MFX Leadership

RAYMOND A. ROY : Non-Executive Chairman

RAYMOND A. ROY

Non-Executive Chairman

Raymond A. Roy founded MFX change Holdings, which began operations in 2001, and has been Chairman and CEO since the company’s inception. He assumed the role of Non-Executive Chairman on January 1, 2015 and continues to be a key advisor to the company.

Ray has 44 years of business and information technology experience, the last 39 of which have been dedicated to the insurance industry. Immediately prior to joining MFX, Ray was responsible for all of American International Group’s (AIG) General Insurance worldwide systems. As Senior Systems Officer for General Insurance, a position Ray held for most of his 15-year tenure at AIG, Ray reported directly to AIG’s vice-chairman

VIKRAM GULATI : CEO

VIKRAM GULATI

CEO

Vikram Gulati is the CEO of our Company and has been associated with us since November 1, 2014. He holds a bachelor’s degree in Electrical Engineering and a master’s degree in Business Administration from University of Bombay. Prior to joining our Company, he was the CEO and co-founder of Happiest Minds, prior to that he was the Chief Executive Officer for Intelligroup and has had multiple roles at Wipro. He has over 25 years of experience in the IT services industry.

DAVID L. MCDONOUGH : President & Chief Operating Officer

DAVID L. MCDONOUGH

President & Chief Operating Officer

David L. McDonough is responsible for the day-to-day operations of all divisions of MFX business operations, including finance. A seasoned executive with more than 31 years of diversified business experience at senior management and executive levels, Dave initially served as the Chief Financial Officer for MFX, but as the organization grew, he progressively took on more extensive responsibilities. Dave’s leadership in a number of successful and critical initiatives led to his appointment as MFX Chief Operating Officer.

Prior to joining MFX, Dave most recently served as Vice President and Chief Information Officer of Crum & Forster Insurance Company where he was responsible for all information technology services, reporting to the President. His duties also included responsibility for contract and outsourcing management, budget management, systems development and project management.

KALYAN SUNDARAM MAHALINGAM : Chief Operating Officer & Country Head MFX India

KALYAN SUNDARAM MAHALINGAM

Chief Operating Officer & Country Head MFX India

Kalyan Sundaram Mahalingam is responsible for all the business operations of MFX India and will play a strategic role in global initiatives at MFX. A professional with over 24 years of global experience in the IT services industry, he has held several senior leadership roles.

Most recently, he served as the COO of Intelligroup Inc. (now NTT Data, Americas), where he was responsible for all of the global business operations and was part of the core team that devised a turnaround strategy for the company, delivering a multifold improvement in valuation of the company. Post-acquisition, he was responsible for the EAS business unit and played a key role in the integration of the company. Prior to Intelligroup he was part of Keane and Wipro where he spent about 13 years in various roles including business management and finance.

MICHAEL F. WRIGHT : Sr. Vice President - Infrastructure Business

MICHAEL F. WRIGHT

Sr. Vice President - Infrastructure Business

Michael F. Wright is responsible for infrastructure product development, technology strategy, and day-to-day operations of MFX datacenter and infrastructure, a field in which he has more than 25 years of experience. More than two decades of this time has been dedicated to the insurance and financial services industry.

Prior to joining MFX, Michael managed a number of operational units at American International Group (AIG). During his first six years at AIG, Michael supported the company’s domestic operations and global systems by providing management oversight to the technical staffs of the various AIG business units around the globe.

His last four years at AIG were focused on managing high profile accounts with executive responsibilities in the AIG Technology Services division.

MATTHEW D. SIMMERS : Sr. Vice President - Application Business

MATTHEW D. SIMMERS

Sr. Vice President - Application Business

Matthew D. Simmers is responsible for day-to-day operations of MFX’s Integrated Insurance Platform (IIP) including application development, delivery, data management, integration, business analysis and production support. An experienced IT insurance executive, Matthew has spent over two decades dedicated to providing technology solutions to the insurance industry.

Prior to joining MFX, Matthew spent 17 years at SunGard with increasing levels of responsibility for business unit P&L, product strategy, development, delivery and support for their global reinsurance solutions. At SunGard, Matthew provided solution services to over 35 P&C carriers and reinsurers. He also held various positions within the reinsurance claims, accounting and IT areas at insurance carriers including Continental Insurance Companies and CNA Insurance Companies.

SANJAY BHARDWAJ : Exec Vice President - Sales and Marketing

SANJAY BHARDWAJ

Exec Vice President - Sales and Marketing

Sanjay Bhardwaj is head of Sales and Marketing at MFX and brings over twenty plus years of global experience in various leadership roles covering diverse areas in technology, consulting and business process outsourcing. His key experiences include driving revenue growth globally, managing large P&Ls, sales leadership and management of diverse teams.

Prior to joining MFX, Sanjay most recently served as Corporate Senior Vice President and head of sales at WNS Global Services, where he was responsible for revenue growth in BFSI, Healthcare and Life Sciences verticals across North America. Prior to that, he held various sales leadership roles globally at HP, Oracle, Capgemini and TCS.