Chennai, India, January 22, 2015:

Polaris Consulting & Services Ltd, a leader in solutions and services that enable unprecedented operational productivity for the global Financial Services industry, announced today that Jonathan Beyman, former Managing Director and Global Head of Operations and Technology, Institutional Clients Group, Citi, joined the Board of Directors of the Company.

As Managing Director, Global Head of Operations and Technology, Institutional Clients Group for Citi in New York between 2008 and 2014, Beyman was responsible for all operations and technology activities of the Citi Institutional Bank and its three main global businesses - Investment Bank, Private Bank and Global Transaction business. He also chaired the Chief Information Officer's Council in Citi, a consolidated governance and decision making body that sets unified policies and standards worldwide across the bank.

With his experience in driving technology as an enabler at Citi, Beyman is an evangelist for digital transformation. The Board of Directors unanimously felt that he would add immense value as Polaris enables the digital transformation of its clients.

Jon Beyman's career includes experience with Lehman Brothers as its Managing Director, Global Head of Operations and Chief Information Officer. He was also Managing Director, Credit Suisse, in charge of Global Investment Banking Operations. Beyman has also served on the Boards of organisations such as the Depository Trust Corporation, and NPower, and presently serves on the Boards of Riverkeeper, New York's clean water advocate, and on the Open Door Shelter, a homeless shelter in his community.

He was inducted into the University of Connecticut School of Business Hall of Fame in May 2009

He completed his Bachelor's program from the University of Connecticut, and an MBA in Finance from the Johnson Graduate School of Management, Cornell University.

About Polaris Consulting and Services Ltd

Polaris Consulting and Services Ltd, is a global leader in Financial Technology for Banking, Insurance and other Financial Services. With a strong strategic consulting focus backed with high performance delivery in Digital Enterprise ; Payments ; Risk & Compliance ; Data & Analytics, the Services business is strongly differentiated, with a formidable reputation in Global Consumer Banking, Treasury & Capital Markets, Global Transaction Banking, Insurance and Enterprise Commerce.

Organised into six client-centric units and multiple solution-centric units across the world, Polaris Consulting & Services is represented by over 8,300 solution architects, domain and technology experts. For more details, please visit www.polarisft.com

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