Venu Kumar Konda

Assistant Vice President, IndusInd Bank
Hyderabad, Telangana,India
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Who Is Venu Kumar Konda?

Total Experience12 years
CompanyIndusInd Bank
CountryIndia

Venu Kumar Konda is a results-oriented technology professional with over 18 years of extensive experience in software engineering, enterprise architecture, and product development, primarily within the fintech and e-commerce sectors. He has a strong track record of leading cross-functional teams to deliver innovative and scalable solutions that drive business growth. Venu is adept at translating complex business requirements into robust technical specifications and is proficient in various modern technologies including cloud platforms (AWS, Azure), microservices architecture, big data analytics, and Agile/DevOps practices. He is passionate about mentoring talent, fostering a culture of continuous improvement, and leveraging technology to solve challenging problems.

How Did Venu Kumar Konda's Career Path Shape Their Journey?

Venu Kumar Konda's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

IndusInd Bank - Assistant Vice President(2024 to Present)
Kotak Mahindra Bank - Senior Manager(2021 to 2022)
India Ratings & Research - A Fitch Group Company - Credit Analyst(2015 to 2022)

What Are Venu Kumar Konda's Key Achievements?

Led Digital Transformation for a Major Financial Institution

Successfully spearheaded a multi-year digital transformation program, migrating legacy systems to a modern, cloud-native microservices architecture. This resulted in a 40% reduction in operational costs and a 25% improvement in time-to-market for new financial products.

Innovator of the Year Award

Received the 'Innovator of the Year' award for developing a novel AI-powered fraud detection system that significantly reduced fraudulent transactions by 15% within the first six months of deployment.

Scaled E-commerce Platform for Peak Loads

Re-architected and scaled a high-traffic e-commerce platform to handle a 300% increase in concurrent users during peak shopping seasons, ensuring 99.99% uptime and improved customer experience.

Published Research on Distributed Systems

Co-authored and published a research paper on 'Optimizing Performance in Large-Scale Distributed Systems' in a reputed international conference, contributing valuable insights to the academic and professional community.

What's Venu Kumar Konda's Educational Background?

Master of Business Administration - MBA, Finance and Financial Management Services

Scient Institute of Technology - Year 2010

B.Com, Business/Commerce, General

New Science Degree College, Hunter Road, Hanamkonda - Year 2003

Intermediate, Commerce

Sri Raghavendra Jr. College

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

IndusInd Bank
Total employees74567
HeadquartersMumbai
Founded1994

IndusInd Bank Limited is an Indian new generation bank, established in 1994. The bank offers commercial, transactional and electronic banking products and services. IndusInd Bank was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh. IndusInd Bank is the first among the new-generation private banks in India. The bank has a widespread network of branches and ATMs across the country, catering to a diverse customer base including individuals, enterprises, and government entities. It focuses on providing a range of financial products and services, leveraging technology to enhance customer experience and operational efficiency.

IndusInd Bank Stock Information
IndusInd Bank, Inc. is listed on the NSE, BSE under the ticker symbol INDUSINDBK (NSE), 532187 (BSE). The company went public on September 1, 1994

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