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Friday, 17 July 2020 16:48

Vell Recruits Divisional CIO for FinTech Leader Wex in New England

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Rakesh Yadav

Vice President, International Fleet

> Location: New Jersey to Portland, ME
> Industry: FinTech service provider
> Other experience: Head of Development, WorldLink, Citigroup | Global Head of Development, Corporate International Payments, Citigroup
> Ownership: Public (NYSE: WEX)
> Diversity

PORTLAND, ME – Rakesh Yadav, former Head of Development for the Global Corporate International Payments (WorldLink) Technology of Citigroup, joined as VP, International Fleet of Wex, Inc. (NYSE: WEX), a leading provider of corporate payment solutions with a $5b market cap.

As Citigroup’s Head of Development for the Global Corporate International Payments (WorldLink) Technology, he was responsible for the Technology Transformation Strategy, Design & Architecture, Development & Maintenance and Innovation of the platforms leveraging APIs & Blockchain.

Rakesh brings 20 years of software development experience across diverse set of industry & technology space leading, managing, and developing global critical platforms. In prior roles at Citigroup, Rakesh was Global Head of Development for Corporate E-Banking platform, instrumental in transforming the department building software for other banks & introducing innovative products like Citi ERP Integrator recognized as “The Innovators 2015 List” in Global Finance magazine. Prior to Citi, Rakesh worked at various Fortune 500 companies such as Standard & Poors, MetLife, & Deloitte playing technical leadership roles in driving department’s digital strategy & implementation of common technology platforms.

Rakesh graduated from College of Engineering, Pravara Nagar, University of Pune in India with a Bachelor of Engineering in Electronics and Telecommunications.

About WEX

WEX Inc. (NYSE: WEX) is a leading provider of corporate payment solutions, with a market cap of $5 billion. From our roots in fleet card payments beginning in 1983, WEX has expanded the scope of the business into a multi-channel provider of corporate payment solutions and offering exceptional payment security and control across a wide spectrum of business sectors.

Read 552 times Last modified on Wednesday, 09 December 2020 11:15
Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults,, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.