Saturday, February 03, 2007

Approva Appoints Himanshu Singh ( XLer, GMP) President of India Operations

Approva® Corporation (, the leader in continuous controls monitoring and audit software, today announced that Himanshu Singh has joined the company as President of Approva's India Operations. In this role, Singh is responsible for Approva's product development activities as well as customer support, business development and professional services delivery across the Asia Pacific region.

As a member of Approva's global senior executive management team, Singh will direct all aspects of the company's product development and delivery for global customers out of India, leading a rapidly growing India-based team of more than 200 employees. Approva is unique among global technology companies for completing its entire product development cycle in India.

"The addition of Himanshu Singh to our leadership team demonstrates our commitment to India, and the broader Asia-Pacific region," said Approva chief executive officer Prashanth "PV" Boccasam. "With its highly-skilled workforce and rapid economic growth, our India-based operations have been instrumental in fueling our expansion. We look forward to even more substantial contributions from our Indian team under Himanshu's leadership."

Singh joins Approva from Cadence Design Systems, where he served in several roles, most recently as Executive Director of Cadence's India operations. Singh has also played key roles in driving success in India and across the Asia-Pacific region for a number of leading technology companies including Silicon Graphics, and a joint venture between HCL and Hewlett- Packard.

"Approva already has one of the best management teams to capitalize on this explosive market opportunity," said Tim Guleri, Managing Director of Sierra Ventures. "Himanshu adds a new level of execution and focus on APAC markets and we are excited about our prospects in that region." Sierra Ventures reinforced their India focus by committing to invest part of their recently raised 400M fund to further fuel early-mid stage investments in the region.

Singh holds a Bachelor of Engineering degree in mechanical engineering from the Regional Engineering College of Durgapur, West Bengal, India. He is also a graduate of the Asian International Executive Programme from INSEAD in Singapore, and the General Management Program from Xavier Labor Relations Institute (XLRI), one of the top three business schools in Jamshedpur, India.

About Approva

Approva® Corporation is the industry-leading provider of continuous controls monitoring and audit software. We enable business, finance, IT and audit professionals to automate the on-demand testing, closed-loop remediation and continuous, exception-based monitoring of controls within and across their business systems. Using our solutions, customers are able to significantly increase visibility into their controls, streamline the audit process, cost- effectively sustain their compliance initiatives and reduce exposure to mistakes, fraud and inefficiencies for business processes such as procurement, sales and delivery, payroll and financial close. In addition, our automated solutions act as key preventative and detective controls, further strengthening our customers' financial and operational control environments. Global companies such as Campbell Soup Company, Colgate-Palmolive, the Commonwealth of Pennsylvania, DirecTV, Discovery Communications, McCormick & Company, P&G, Pratt & Whitney, Siemens and Wyndham Hotels & Resorts rely on Approva BizRights® Platform and Enterprise Controls Suite to reduce compliance risk, increase operational efficiency and flag exceptions to their business controls. For more information, visit

1 comment:

Anonymous said...

Should'nt this post be in the XL alumni blog, instead of here ?