Shankar is an Engineering Graduate from Indian Institute of Technology, Chennai, and is a Post Graduate in Business Administration from the Indian Institute of Management, Calcutta in the 18th batch.
After college, Shankar joined Pond’s (India) Ltd. (now part of Hindustan Unilever Ltd) as Management Trainee in 1983. During a five year stint at Pond’s, he went through the Commercial, Project Management and Sales Management functions and was responsible for systems initiatives in these areas.
In 1988 along with his wife Vijayasudha, Shankar founded CAMS (Computer Age Management Services Pvt. Ltd.) with the objective of providing what are now known as Platform based services to the Indian Financial industry. In 2000 the HDFC Group invested into CAMS in a significant manner, facilitating accelerated growth in its chosen businesses. In 2007 the company accepted a PE investor to further facilitate accelerated growth.
Shankar, in 1989, founded Sterling Software (India) Pvt. Ltd., with the objective of providing IT services and software solutions in the niche vertical of the Mutual Fund Industry. Its software applications offer a wide range of value and benefit to Fund Houses, Distributors and Investors at large.
The group has morphed through a couple of large transformations in its history and is presently a professionally managed 4000 person strong provider of IT and platform based transaction processing and CRM services to the Mutual Fund, Insurance and Banking industries in India.
Shankar is widely acknowledged in the financial sector for his vast knowledge and rich operational experience. Apart from being a voracious reader, Shankar is also interested in travel, listening to music, in charitable activity and in advising people in his areas of expertise. His current activity involves both Public and Angel Investing, as well as mentoring for startups and mature organisations under the aegis of Acsys Investments Private Limited.