Sirisha Voruganti to lead Lloyds Banking Group's technology centre in Hyderabad

UK-based financial services group, Lloyds Banking Group, on Wednesday, named Sirisha Voruganti as the chief executive officer and managing director of its new Lloyds technology centre based in Hyderabad. 

Voruganti has joined from American department store chain JCPenney, where she has served as the managing director and member of the board for JCPenney in India. 

A known name in the technology industry, Voruganti has extensive experience in IT architecture, data engineering, and fintech innovation and has held several senior technology positions in multiple global firms. She was also the first woman managing director for financial services firm JP Morgan Chase in Technology in India and has served as an executive vice president of architecture, data and shared services for Mastercard.  

Voruganti had also worked with IT firm Tech Mahindra as well as semiconductor companies such a Texas Instruments and NXP Semiconductors.

Voruganti is passionate about building a high-performing engineering organisation and is committed to promoting diversity and inclusion within technology roles. She has a track record of leading organisations through significant transformation.

“The new technology centre will allow us to tap into the extraordinary technology talent and expertise in India. It presents an incredible opportunity for brilliant and enthusiastic people looking to enhance their skills to drive innovation for Lloyds Banking Group’s customers,” Voruganti said in a statement.

Voruganti, who completed her executive management program from Harvard Business School, will assume her new role as CEO and Managing Director of Lloyds Technology Centre later this month, overseeing its establishment and longer-term growth strategy, the company said.