Leadership

Naresh Ponnapa

Chairman

As Chairman of Milos, Naresh leads a team of highly accomplished fellow professional entrepreneurs. The executive team has worked as one seamless unit overcoming and converting difficult business cycles to build two formidable and distinctive businesses. Indecomm Mortgage Solutions is a technology platform-driven company offering automation, outsourcing, and compliance solutions in the mortgage services space. Complementing strong organic growth with select acquisitions is the forte of this team. He is the Principal Founder of Indecomm in 2003, which has been consistently ranked amongst the Global Top 100 IT and ITeS providers for over a decade.

Prior to founding Indecomm, he held various senior roles within the Unilever organization for 21 years, on assignments both in India and abroad. He was a key member of Unilever’s core Mergers & Acquisitions team in London and a Special Assistant to the Chairman of Unilever. In India, he became the youngest member on the Board of Hindustan Lever Limited. Naresh was also the COO/Operating Partner in Connect Capital and was responsible for identifying investment opportunities in the ITeS space. Naresh was a Founding Fellow of the 21st Century Trust, a non-profit group that brings together leaders from all parts of the world and different professional backgrounds to maximize creative thinking about the key challenges facing the world in the coming generation. He is a distinguished member of the Institute of Chartered Accountants of India and attended the Advanced Management Program at Harvard Business School.

Rajan Nair

Chief Executive Officer

As CEO Rajan leads Milos Automation, a leading provider of automation technology for the US mortgage industry. Milos Automation focuses on building revolutionary automation technology to support mortgage lenders and help them succeed and grow.

Prior to joining Milos Automation in 2003, Rajan was the co-founder and CEO of ikigo Inc. At ikigo, Rajan was responsible for the successful development and marketing of a unique monitoring software solution to Fortune 500 companies. Before starting ikigo, Rajan had served as COO at SeraNova Inc, a NASDAQ-listed e-Business Services Company.

Rajan’s areas of expertise include business strategy development and execution, global organization and development, sales and marketing, and e-Business and Internet solutions. He has the necessary blend of experience and expertise for creating and managing a high-growth offshore IT services and outsourcing company.

Rajan holds a bachelor’s degree in Commerce from Bombay University and a Cost and Management Accountant degree from the Institute of Cost and Works Accountants of India.

Balaji Venkatachalam

Vice Chairman and CFO

Balaji brings 31 years of experience in the areas of Finance, Operations, Technology, and Business Strategy. He is responsible for maintaining the highest standards of corporate governance, risk management and reporting for Milos Automation. In addition to his primary role as CFO, he is deeply involved in all corporate strategic initiatives involving acquisitions, restructuring, innovative financing, and related areas. As a licensed mortgage loan originator for several US states, Balaji has a deep understanding of the business.

Prior to joining Milos Automation, Balaji held senior strategy and technology leadership positions at Dun & Bradstreet. Before that, he was the CFO and COO of SeraNova India, International Controller of Intelligroup, Inc. (a Nasdaq-listed software services company) and CFO of a multinational advertising agency in India. Balaji was also part of a start-up initiative that was successfully sold to a multi-national group.

Balaji holds a master’s degree in commerce. He is a member of The Institute of Chartered Accountants of India, The Institute of Company Secretaries of India and is a Certified Management Accountant in the US.