Aurionpro's Board of Directors Names Samir Shah as CEO


MUMBAI, INDIA--(Marketwired - Mar 6, 2014) - Aurionpro's Board of Directors today approved the appointment of Mr. Samir Shah as global CEO of the company. Samir has been associated with Aurionpro for over 16 years and previously was the company's Chief Operating Officer, as well as a member of its Board. 

Commenting on the appointment, Paresh Zaveri, Aurionpro's Chairman, said, "Samir has played a key role across strategic and operational areas of Aurionpro for many years now and has done an exemplary job, first as head of the U.S. business, and then as global Chief Operating Officer." Commenting further he remarked, "As we move towards rebooting the business for the next round of growth, it is time for the founders to hand over the day-to-day leadership to the professional team. I am confident that Samir, along with his key team members, will guide Aurionpro to new heights."

Samir is one of the original members of Aurionpro's management team and has been instrumental in driving the fastest growing areas of the company's global business. Most recently, as global COO, he has led the operational streamlining activities that have proved effective in improving efficiencies across Finance, Operations, Delivery, and Marketing through consolidation of previously disparate teams and processes. During his tenure, Samir has demonstrated the talent to craft and deliver a clear corporate vision, the leadership qualities necessary to make positive and impactful change, and the determination to make Aurionpro one of the world's leading IT software and services companies. Based in California, Samir holds an engineering degree in computer science and an MBA in finance. Samir has previously served on the boards of PaySimple and PriorityCommerce.

The Board also announced today that Amit Sheth will be appointed Aurionpro's Vice Chairman. One of the co-founders of the company, Amit will shift his focus to longer-term and strategic initiatives including expanding Aurionpro's reach through new business alliances and strategic partnerships, as well as through future inorganic growth opportunities.

"Based on his leadership during the recent operational streamlining initiatives, Samir has developed deep knowledge of the sales, delivery, and operational processes across all of Aurionpro's business lines," observed Amit Sheth, Aurionpro's new Vice Chairman. "This makes him a natural fit to lead the company forward, and at the same time will enable an increased focus on defining potential growth strategies that may include inorganic activities as well as additional partnership opportunities."

Reflecting on his appointment as CEO, Samir commented, "I am proud and honored that the Board has expressed such high confidence in my ability to lead the next round of corporate expansion, and I will do my best to do justice to this faith placed in me. To achieve this growth, the clear priorities are to continue streamlining the management structure and operational teams, invest in building a world-class sales organization, advance our infrastructure and corporate processes, and improve profitability by focusing on our core software and services portfolio while expanding to new key markets."

About Aurionpro
Aurionpro Solutions (NSE: AURIONPRO) (BSE: 532668) is a publicly traded technology company that helps Fortune 1000 companies to be more efficient through domain-driven software and consulting offerings. Employing more than 1,200 individuals across North America, Asia, and Europe, the company has been recognized by Deloitte, Forbes, and the 2013 FinTech 100 as one of the world's fastest growing technology companies. For more information, visit www.aurionpro.com.

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For more information, please contact:
Mehual Raval
Company Secratary
Tel: + 91 22 6617 2706
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