- Krishna Sudheendra Named CEO of UST Global

 - Sajan Pillai Announces Plan to Retire as CEO; Will Remain on Board of 
Directors

UST Global, a leading digital transformation solutions company, announced today 
that Sajan Pillai is retiring as CEO of the company. UST Global CFO and 
President Krishna Sudheendra has been named CEO as part of the company's 
succession plan. Pillai, who has been with UST Global for over 20 years, will 
remain on the company's Board of Directors and be actively involved for the 
next one year with Krishna and the leadership team in support of a successful 
transition.

Pillai led the creation of a robust start-up ecosystem at UST Global investing 
in startups with an eye on innovation and will continue to focus on this 
through a new venture fund while serving on the Board. The ecosystem is a 
significant space for bringing innovation to UST Global clients and growth for 
the company going forward.

"At UST, I have had a very fulfilling journey advancing the passion of 
cutting-edge technology and innovation by bringing together startups and 
customers to create an ecosystem to provide value to them. To lead the exciting 
world of venture-driven startups, I would like to dedicate my time now to give 
back and to fulfill that passion, serving business and consumers globally. This 
will help UST continue its innovation journey on behalf of its customers," said 
Pillai. "I am very proud to have Krishna succeeding me in this role as the next 
generation of leadership for the company. He is the right person to spearhead 
the organization in its next stage of evolution."

As part of the company's succession plan, Sudheendra has served as President 
for the past year. During his 15+ year career with UST Global, he has 
successfully led customer and market expansion fueling industry leading growth 
of the company.  He was instrumental in securing private equity investment to 
power UST Global through its evolution. In addition to strengthening global 
operations, he implemented strong financial systems, governance and controls to 
optimize performance and productivity. 

"This announcement is the successful culmination of a multiyear succession plan 
to select the best leader for UST Global. With a stellar track record as the 
company's President and CFO, we look forward to what Krishna will bring to the 
company as its CEO," said Paras Chandaria, Chairman of the Board of Directors, 
UST Global. "On behalf of the entire board, I thank Sajan for his leadership 
and his numerous contributions to UST Global's recent success. We appreciate 
his service and commitment to UST Global and will work together on future 
venture-driven endeavors."

"I am honored to be named the next CEO of UST Global, and want to thank both 
Sajan and the Board for the confidence they have placed in me to lead this 
strong organization and support our talented people as we continue to grow the 
company," added Sudheendra. 

About UST Global

UST Global is a leading digital technology solutions company that provides 
advanced computing and digital services to large private and public enterprises 
around the world. Its clients include Fortune 500 companies in banking and 
financial services, insurance, healthcare, retail, manufacturing, shipping, 
technology and telecom. UST Global believes in building long term, strategic 
business partnerships through client-centric global engagement models that 
combine local experts and resources with the cost, scale, and quality 
advantages of global operations. For more information, please visit: 
www.ust-global.com. 

Logo: http://mma.prnewswire.com/media/540539/UST_Global_Logo.jpg   

Media Contact:
Leslie Schultz 
UST Global
Leslie.Schultz@ust-global.com
+1 949-204-4892

Suzanne Dawson
S&C Public Relations for UST Global  
sdawson@scprgroup.com
+1 646-941-9140

Source: UST Global