Viiveck Verma, Chairman – Industry Outreach Head – LASSIB Society
Viiveck Verma is an executive with a background of 28+ years in leveraging entrepreneurial drive and market acumen for success in new market ventures/start-ups. He is successfully associated with renowned corporate houses to mobilize and drive entire resources to acquire competitive position and achieve reasonable ROI to ensure business continuity. He specializes in building brand equity for products and organizations as well as setting up policies and processes in start-ups. Viiveck is a key contributor to organizational growth and an expert at devising/executing strategies, building high-profile relationships and networking professionally.
Viiveck recently quit corporate life after 28 years to start his entrepreneurship journey. He has cofounded a new venture Anaptyxi People Consult Pvt. Ltd which focuses on people development and coaching.
As the Executive Director of Karvy Insurance Repository Ltd from 2011 to Feb 2015, Viiveck collaborated with the board to define and articulate the organization’s vision and to develop strategies for achieving that vision. He has played a significant role in strategizing and working with regulator (IRDA) to initiate and set up the new entity to dematerialize the insurance industry. His focus is on insurance back office outsourcing for Life and General Insurance companies, to grow revenues and profitability.
Viiveck is theChairman-Rotary Foundation-Rotary Club of Miyapur with Rotary International (since May 2014). He arranges funds through sponsorships for social purpose activities of the club as well as gathering funds directly from Rotary International and from other clubs around the world. Viiveck is also a member of Hyderabad Angels, since April 2014. This is a network of professionals that have come together to fund start-ups, collectively. As part of this network, he evaluates and invests in start-up businesses of choice. He plays a key role in offering valuable management advice and important contacts.
Due to his expertise in business strategy formulation, Viiveck joined Karvy Data Management Services Ltd. as the founding Chief Executive Officer in September 2009. He took the onus of setting up the business from scratch in the domestic transaction processing space. He set up national level distributed processing network with the capability to cater to various domains.
After joining Writer Corporation as the CEO-Information Management Services in October 2008, Viiveck started an effective Performance Management System for measuring and analyzing performance across all key levels of the group. He also achieved the budgeted Revenue and EBIDTA figures while managing the Customer and Employee Satisfaction. He focused on customer requirements, expectations and satisfaction.
Viiveck worked as the Managing Director with Abacus India since January 2005 and successfully drove Abacus brand awareness and preference campaign by media publicity including press releases, trade fairs, etc.He effectively grew the customer base 3 folds. He pioneered the launch of the online travel model in India and was recognized by the “Travel Industry” as a Thought Leader. Viiveck was given an award by the then Civil Aviation Minster (Shri Praful Patel) for “Best Ethics in Business” and has gained respect as a champion of empowerment and responsibility in building, managing and delivering, with large teams of up to 6000 people.
In the early part of his career (March 1989 – January 2005), Viiveck worked with Liberata UK PLC as Business Center Director & Vice President-India; General Manager/Head-Mumbai with Daksh Eservices Pvt Ltd; General Manager-Strategy Planning & Business Development with Interglobe Enterprises Ltd; General Manager-India with Galileo India Pvt Ltd (Division of Interglobe Enterprises Ltd; Head-Service Delivery (Maharashtra) with BPL US WEST Cellular Ltd; Services Development Manager-Western India with DHL Worldwide Express; Marketing Executive with Pertech Computers Ltd and Marketing Executive with Pune Yellow Pages.
Apart from this, Viiveck is a Zenger Miller Frontline Leadership Certified Trainer and is pursuing “Coaching Skills” through Neuroleadership Group.
Viiveck holds a Diploma in Business Administration (PGDBA-Marketing) from Institute of Management Development and Research, Pune and Law Degree (LLB (Labor Laws and Taxation)) from Pune University. Viiveck currently resides in Hyderabad, India, with his family.