PRESS RELEASE

September 03, 2021

Toronto - Friday

Xilligence welcomes Mr. Kurien Varghese and Mr. Jacob Zachariah Karuvelil
 as Partners and advisory board members

Mr. Kurien Varghese

Mr.Varghese brings to Xilligence over 40 years of high-level leadership in the IT & Banking sector in the Middle East. He has occupied various high-profile positions, such as Head of IT, Consultant - IT & Banking, Head of Project Management Office, Project Manager, etc.


Mr.Varghese has worked with Burgan Bank, Boubyan Bank, Hasibat Information Technology (ex Kuwait Computer Company), NCR Corporation, Commercial Bank of Kuwait, etc. He has managed the IT divisions of two banks and oversaw establishing an Islamic Bank from systems selection to go live. As Head of IT and PMO, he has managed the implementation of various banking projects such as Core Banking Systems, Internet and Mobile Banking, Omni Channel Solution, Corporate Cash Management, Card Management, ATM & POS Switch, RTGS, AML, SWIFT, Payment Gateway, MasterSend, Ripple, Loyalty system, Contact Center, Test Management, Trade Finance, etc.


Mr. Varghese holds a M.Sc. in Information Systems Management from the University of Liverpool, UK, and a Post Graduate Diploma in Digital Business from MIT Management Executive Education and Columbia Business School. In addition, he is certified in PMP, Prince 2Practitioner, ITIL Expert, Six Sigma Black Belt, and a Fellow of British Computer Society.


Mr. Jacob Zachariah Karuvelil

Mr. Jacob Zachariah Karuvelil is a visionary business leader. Jacob brings over 3 decades of experience in IT, Banking, Core Banking systems end-to-end services to clientele, Finance, Operations, Organization Development, Compliance and Standards, and Corporate Legal. As head of Implementation and Support, Jacob implemented and upgraded more than 100 banks' core banking systems worldwide and supported all those banks.


Mr. Jacob Karuvelil was one of the founding staff members of Path Solutions, and while he was leaving Path, he held the position of Executive Vice President. Jacob was the mastermind behind the establishment of Path India as a full-fledged, cost-effective Development, Quality Assurance, Implementation, and Support office in Smart City, Kerala. Jacob was the General Manager of Path Head Office for several years and managed to oversee international operations. Jacob has been involved in developing businesses from the ground up across different geographies, transforming functions, and creating frameworks to sustain and promote growth in a structured way. Jacob was previously the Partner of Testhouse Group, UK. Mr. Jacob Karuvelil is an MBA holder who graduated from the University of Liverpool, UK, and is currently doing his PhD (Doctorate in Management).

We are extremely excited to have Mr. Kurien Varghese and Mr. Jacob Karuvelil with the Xilligence Group. They bring with them a tremendous wealth of knowledge and expertise in the Banking industry and proven records of great success. We look forward to their guidance, advises and a long and fruitful leadership as Partners in taking Xilligence to the next stage of success.

Vikram Nair
CEO, Xilligence

About Xilligence

Xilligence is a product engineering, quality assurance and software testing company has 20+ year’s proven track records with Head Office in Toronto, Canada, and offices in India, Singapore, and UAE. Operating in South East Asia, Middle East and Australia, Xilligence focuses on providing world-class technology services and solutions for our clients and partners. We work hard to ensure that our values of integrity, respect for others, accountability, and good citizenship are reflected in how we operate as a company.

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