NIIT Limited inducts Madhabi Puri Buch as an independent director on its board
11/04/2010

Ms Madhabi Puri Buch, Managing Director and CEO of ICICI Securities Limited, a leading capital market firm in India, as an Independent Non Executive Director on NIIT's Board.

Online PR News – 04-November-2010 – – Pune, November 3, 2010: NIIT Limited, leading Global Talent Development Corporation and Asia’s largest IT trainer, today announced the appointment of Ms Madhabi Puri Buch, Managing Director and CEO of ICICI Securities Limited, a leading capital market firm in India, as an Independent Non Executive Director on its Board.

Ms Buch is a well-known figure in the banking and financial sector, heading ICICI Securities Limited as the Managing Director and CEO. Under her leadership ICICI Securities has emerged as a leading player in capital market space in the country. During her tenure at ICICI Bank, she has been responsible for the global markets business covering treasury solutions for clients, including Foreign Exchange, Fixed Income and Derivative solutions. In addition, Ms Buch has also served as the Head of global operations of the Bank, covering transaction processing and control for the retail, corporate, international and rural banking. She was also the Chief Brand Officer for the ICICI Group.

Talking about her new role, Ms Madhabi Puri Buch said, “I am delighted to accept Independent Directorship on the board of NIIT. I believe that the education and knowledge sector in India is a key element of the future of our economy. NIIT, with its visionary approach, strength of execution and high governance standards is an amazing company and I am proud to be a part of the NIIT family."

Rajendra S Pawar, Chairman, NIIT said, “We welcome Ms Buch to the board of NIIT. Her exceptional success at a young age in the vibrant financial sector will bring a fresh perspective to NIIT.”

A gold medallist in Mathematics with Economics from St. Stephen’s College, Delhi University, Ms Buch also holds an MBA from IIM Ahmedabad. She has undertaken various prestigious professional courses from some of the leading Business Schools like Harvard Business School, University of Michigan Business School and Stanford Business School.

Ms Buch joined the Board of Directors of the Bank in 2007, heading the Internal Control Environment function, including global operations, global risk management and the legal, compliance and audit functions for the Bank.

Ms Buch is also founder of the trust “Toofles Foundation” that undertakes a variety of initiatives for funding grassroot NGOs.

About NIIT

NIIT Limited, leading Global Talent Development Corporation and Asia’s largest IT trainer, offers learning and knowledge solutions to over 5 million students across 40 countries.

Leading IT magazine Dataquest has conferred upon NIIT, the ‘Top IT Training Company’ award successively for the past 18 years, since the inception of this category. Rated among India’s Business Superbrands 2008, NIIT’s Individual Learning Business offerings include industry-endorsed programs for students seeking careers in IT - GNIIT, Edgeineers and Global Net Plus for IT professionals.

NIIT has provided computer-based learning to over 15,000 government and private schools. The futuristic NIIT eGURU range for schools is a holistic education package that comprises of Interactive Classrooms (an embedded Teaching Learning Material, that uses elements of interactivity, automation and web links library); Math lab (technology tools that enable school students to learn and explore mathematical concepts); IT Wizard (equips the
students with core computer knowledge and IT skills); and Quick School (an Education Resource Planning solution for school management).

For working professionals, NIIT Imperia, Centre for Advanced Learning, offers Executive Management Education Programs in association with Indian Institutes of Management (IIMs) at Ahmedabad, Indore, Kolkata, Lucknow, IMT Ghaziabad and IIFT Delhi.

NIIT Institute of Finance Banking & Insurance (IFBI), formed by NIIT with equity participation from ICICI Bank, offers programs for individuals and corporates in Banking, Financial Services and Insurance.

NIIT Uniqua, Centre for Process Excellence, addresses the increasing demand for skilled workers in the business and technology services industry by providing training programs in relevant areas. This is a part of NIIT Institute of Process Excellence, a NIIT-Genpact venture.
NIIT’s Corporate Learning Solutions, offers integrated learning solutions (including strategic consulting, learning design, content development, delivery, technology, assessment and learning management) to Fortune 500 companies, Universities, Technology companies, Training corporations and Publishing houses.

NIIT delivers a tailored combination of catalog learning products, technology and services through Element K offerings. These include: vLab®: hands-on labs, instructor-led courseware, comprehensive e-reference libraries, technical journals, and KnowledgeHub™: hosted learning management platform. This makes NIIT the first and the best choice for comprehensive learning solutions, worldwide.

Ushering in a new model in higher education is the not-for-profit NIIT University, established in 2009 with a vision of being the leading centre of innovation and learning in emerging areas of the Knowledge Society. Nestled in the foothills of Aravali, in Neemrana, Rajasthan, the picturesque 100 acres fully residential green campus has been developed as an institute of excellence based on the four core principles of providing industry linked, technology based, research driven, seamless education.