FREMONT, CA, January 15, 2020 — Milestone Technologies’ Board of Directors announced that Sameer Kishore has been appointed President and Chief Executive Officer of Milestone. He will assume day-to-day leadership of the company and will also join Milestone’s Board of Directors. Kishore is an IT services veteran and has over 28 years of experience leading high-performing organizations in the IT industry. Nelson Eng has stepped down from his role as President and Chief Executive Officer and has been named Senior Advisor to Milestone.
Before joining Milestone, Kishore was the GM of IBM’s Financial Services business, a multi-billion segment within IBM’s Global Technology Services division where he drove customer transformation while helping customers align their business and IT objectives. Prior to IBM, Kishore was President at Dell Services/NTT Data where he grew Dell’s Banking and Financial Services business to more than 5,000 team members and a global delivery footprint serving some of the world’s leading financial services firms in a highly complex regulatory environment. Prior to Dell Services/NTT Sameer spent over 19 years in various roles with Wipro in the US and India.
“Sameer is the right person to lead Milestone during its next phase of growth given his strong experience operating at scale, globally and in highly demanding and dynamic industries,” said Elliot Maluth, Chairman of the Milestone Board.
“I am honored and excited to lead Milestone as President and Chief Executive Officer. I look forward to working with our talented employees and senior leadership team to continue to provide nimble and innovative solutions to our clients. Milestone is in an incredible position to invest in employees and grow capabilities that align with the evolving needs of our customers and position us as a leader in the industry,” said Kishore.
Eng commented on his time at Milestone, “It has been a privilege leading Milestone over the past several years and working with our 2,000 employees to transform the organization to scale and support our industry-leading customers in their global growth. We’ve positioned Milestone to be the partner of choice for fast-growing, highly innovative global companies and Sameer is the right person to build on this momentum.”
Maluth said, “We thank Nelson for leading the transformation from a founder-led company to a mature organization with a world-class management team. Over these years, the company delivered strong IT infrastructure solutions, including a growing expertise in Automation, to enable our customers to scale globally and provided opportunities to our team members to learn and thrive. During this phase of growth, Milestone signed up new logo’s including some of the most recognizable tech companies to IPO.”
About Sameer Kishore
A 20+ year San Francisco Bay Area based Tech Industry Executive, Kishore was General Manager of the Financial Services business at IBM within the Global Technology Services division. While at IBM, Sameer built a high performing, innovative and collaborative team which managed a multi-billion dollar P&L and substantially improved customer satisfaction through pioneering solutions. Prior to IBM, Kishore was President of the Banking, Financial Services, Securities and Insurance (BFSI) vertical at NTT Data (formerly Dell Services) where he also built a strong team which created an innovative multi-service offering. The innovative solutions included infrastructure, consulting, applications, business process management and cloud services, while leveraging an approach that was highly employee and customer centric. Sameer began his career at Wipro where he spent close to two decades in a variety of roles including President and COO of Infocrossing, Wipro’s datacenter business. Kishore holds a Bachelor’s of Science in Math and Physics from Christ Church College and a Masters in Management Studies from SVKM’s Narsee Monjee Institute of Management Studies. He is also the author of many widely published articles on Digital Transformation and Disruptive Technologies for the Financial Services Industry.