Appointment of Group COO and COO CyanConnode India

RNS Number : 3571H

CyanConnode Holdings PLC

03 December 2020

 

3 December 2020

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Appointment of Group Chief Operating Officer and Chief Operating Officer CyanConnode India

CyanConnode Holdings plc (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to announce that it has appointed Allan Baig as Group Chief Operating Officer and Ratna Garapati as Chief Operating Officer of CyanConnode India, both non-Board appointments.

Allan Baig joined CyanConnode in June 2017 and has thirty years' experience in management and engineering with leading technology companies.  Prior to joining CyanConnode, he held the position of Project Manager at Landis + Gyr and led their UK Smart Meter Implementation Program, (UKSMIP).  Alan was responsible for project management across engineering functions, including product development, systems integration, and deployment, predominantly for UKSMIP.  As Group Chief Operating Officer at CyanConnode, he will lead all operations and engineering disciplines across teams in the UK and India.  Allan will report directly to John Cronin, Executive Chairman.

Ratna Garapati has over 25 years' experience in product development and management, IT business operations management and strategic planning and digital transformation.  Ratna most recently held the position of Vice President at Trilliant India, where he was responsible for business development, strategy, and operations.  His key achievements at Trilliant India includes the winning and implementation of multiple smart grid pilots and actively participating in the implementation of over 5 million Smart Meters, of which 1.3 million have been commissioned.  Prior to Trilliant, Ratna was Chief Delivery Officer of Smart Energy and Smart Cities for Fluentgrid India, where he customised and deployed the world's largest Cloud Utility Billing Solution in Uttar Pradesh for 22 million consumers in 6 months and demonstrated the scalability of Meter Data Management System, (MDMS), for 10 million smart meters.  In his role as Chief Operating Officer India, he will be responsible for managing CyanConnode India's operations and customer delivery functions.  Ratna will report directly to Ajoy Rajani, MD and CEO of CyanConnode India.

John Cronin, Executive Chairman of CyanConnode, commented :

"We are very pleased to promote Allan Baig to the role of Group Chief Operating Officer and that Ratna Garapati will be joining our team in India, as Chief Operating Officer.

"Allan has been key to the organisation during his time at CyanConnode, particularly in overseeing the development of Omnimesh and the knowledge transfer from Sweden to the UK.  As the Group enters its next phase of development, with large projects due to be deployed, Allan's role will be to ensure that the process is as seamless as possible.

"Ratna has extensive experience in developing and delivering products and solutions in the Indian market.  The calibre of the organisations that Ratna has previously worked for and his history of delivery, provides us with great confidence for the evolution of our Indian business, especially during this busy time."

Allan Baig, Group Chief Operating Officer, commented:

" I am pleased to be taking on this role, particularly at this crucial time with many large projects now being rolled out. We have seen great successes in deploying Omnimesh, both in India and Thailand and I am excited to be able to play a key part to ensure that this momentum continues.  I look forward to working with the new team in India and developing the business further."

Ratna Garapati, Chief Operating Officer of CyanConnode India, commented:

" I am delighted to be joining CyanConnode and to be a part of a strong and growing team in India.  The Company is at an exciting point of its development, and I very much look forward to growing CyanConnode's Indian operations."

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Enquiries:

CyanConnode Holdings plc       Tel: [phone]

John Cronin, Executive Chairman    www.cyanconnode.com

Yellow Jersey PR (Financial PR)                                                                Tel: [phone]
Sarah Hollins/ Annabel Atkins      [e-mail]

Arden Partners plc (Joint Broker)                                                             Tel: [phone]

Paul Shackleton / Dan Gee-Summons (Corporate Finance)

Simon Johnson (Corporate Broking) 

About CyanConnode

CyanConnode (AIM:CYAN.L), is a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, which are used for machine to machine (M2M) communication.  As well as being self-forming and self-healing, CyanConnode's RF Smart Mesh Networks are designed for rapid deployment, whilst giving exceptional performance and competitive total cost of ownership.

In June 2018, CyanConnode launched its award-winning Omnimesh Advanced Metering Infrastructure (AMI) platform, which has already gained considerable commercial traction, especially in India which is a key market for the Company.

Through a Global partner eco-system, which is vendor agnostic, CyanConnode has several routes to market, therefore it is well positioned to capitalise upon increasing Global demand for smart metering solutions.

For more information, please visit  www.cyanconnode.com

 

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