Vidyasagar Varanasi

About Vidyasagar Varanasi

With 20+ years of innovative experience as a technology leader across financial industries, I have been instrumental to strategic planning, portfolio & program management, as well as IT solutions, driving organizational growth & high-percentage revenue acceleration. I am well versed in DE & I efforts, team development, mentorship, & relationship building as an influential technology leader. It is my passion to utilize my expertise in generating growth while focusing on IT assessment, strategy, & solutions.Key Achievements Include: Responsible for a large diverse technology team (200+ Members) organized into an onshore-nearshore-offshore model, providing expertise using various technology tools including Java.NET, Big Data, Intelligence Automation, Machine Learning, and other advanced technology Minimized expenses and capitalized on growth opportunities, generating a 3X growth within the first 7 months in the position, growing from $5M to $20M Led and supported direct reports, establishing a work environment that encourages employee satisfaction, diversity, and inclusion, sustaining under 7% turnover rate Performed as SME and architect for multiple Lending default management applications, leading various large projects, including a home lending transformation program, acquisitions, and regulatory-related initiatives Mentored various employees, establishing the next level of leadership within the organization, ensuring the continued ability to offer the right solutions to resolve business and IT challenges among customers in the banking industryContact me through this profile if you wish to connect.

Experience

1. Vice President Financial Services

   CGI

   Nov 2021 — Present · Cleveland, OH, US

   Responsible for a large diverse technology team (200+ members) organized into an onshore-nearshore-offshore model, providing expertise using various technology tools including Java.NET, Big Data, Intelligence Automation, Machine Learning, and other advanced technology• Minimized expenses and capitalized on growth opportunities, generating a 3X growth within the first 7 months in the position.• Integral member of the leadership team within the business unit, supporting the growth of the banking customers and a multi-million-dollar P&L, having ownership of 2 financial institutions, driving business development, delivery, and operations to achieve success• Utilized expertise to mentor and provide guidance for a direct report global team of 6-8 organizational senior directors, modeling how to drive the growth of the P&L unit and support organization expansion• Secured support of the business unit and Sector DE & I initiatives, ensuring the cultivation of an inclusive workplace for all employees and a place to develop the next generation of frontline leaders• Led and supported direct reports, establishing a work environment that encourages employee satisfaction, diversity, and inclusion, sustaining under 7% turnover rate• Collaborated with IT and business stakeholders, establishing a framework for the long-term vision and strategy of the IT Service Management Function, leading in various initiatives to develop innovative solutions resulting in transformation and modernization• Developed and supported multi-million-dollar engagements for systems, including loan origination, servicing, and default, as well as products such as credit cards, mortgages, and home equity, developing, negotiating, and securing multi-year deals

Education

• Indira Gandhi Engineering College, Sagar-470004

  Bachelor of Engineering, Mechanical

  1998 — 2000

• Sr. Secondary School sector 4,Bhilai

  High School, Science