Indira Gandhi Sadbhavna Award to Balasundaram

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Chennai, Nov 23:V. Balasundaram, Director, Concorde Digital Technologies Private Limited, a leading BPO Company in Chennai, has been honoured by the National Integration&Economic Council, New Delhi, with the prestigious “Indira Gandhi Sadbhavna Award" for Outstanding Individual Achievements and Distinguished Services to the Nation

A press release from the Concorde Digital Technologies stated that Balasundaram was presented with the award by the National Integration&Economic Council, on the occasion of the National Symposium on “Life&Works of Late Smt. Indira Gandhi" held at New Delhi, on 22nd November 2007, to mark the 89th Birth Anniversary of Late Smt. Indira Gandhi.

Shri M.V. Rajasekharan, Hon"ble Union Minister of State for Planning, Government of India, Shri Bhishma Narain Singh, Hon"ble former Governor of Tamil Nadu and Assam and Shri Chaudhary Randhir Singh, Hon"ble former Governor of Sikkim gave away the award, the release informed.

National Integration&Economic Council recognizes men and women from various walks of life for their outstanding individual achievements and services and pioneering work in their field of work and for their contribution to the Nation, the release said adding Balasundaram is a co-founder and director of Concorde Digital Technologies and is responsible for worldwide operations, services and delivery, innovation and technology, human resources, finance, corporateaffairs and quality.

Concorde Digital Technologies is a leading BPO Company operating in the healthcare vertical and servicing US and Canadian clients, headquartered in Chennai with an office in Los Angeles, USA. It is a member company of the Software Technology Parks of India. It was a pioneering effort by Balasundaram to start this BPO Company in 1999, when the BPO revolution was just starting up, it said.

Balasundaram is a Chartered Accountant and Cost Accountant, with a brilliant academic record that includes an All-India First Rank in ICWA (Final). Prior to co-founding Concorde Digital Technologies, he had held senior finance positions in some of the best companies in India and in South East Asia, including TATA Motors Limited, Larsen&Toubro Limited, the Parry Group of Chennai, two Thai-Japanese Joint Ventures belonging to the Teijin Group of Japan, viz, Thai Filament Textiles Co. Ltd&D.K. Textile Industry Co. Ltd., in Thailand and the Swiss MNC Triumph International in India.

He set up new departments and systems from scratch in Larsen&Toubro Limited, in the Thai-Japanese Joint Ventures in Thailand and in Triumph International when it entered India in 2002.

He also handled the Southeast Asian currency crisis of 1997 admirably in the Thai-Japanese Joint Ventures by restructuring the finance and accounts operations. He was also instrumental in revamping the information systems of the Parry Group of Chennai during the period 1985-87.

He was a part-time Examiner of the Institute of Chartered Accountants of India before going to Thailand. He has also published an article in the prestigious journal "The Chartered Accountant", the official journal of the Institute of Chartered Accountants of India.

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