Kiran Surve: A Leader With A Purpose To Make A Difference In The World By Creating Innovative Solutions | CEOInsights Vendor
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Kiran Surve: A Leader With A Purpose To Make A Difference In The World By Creating Innovative Solutions

Kiran Surve: A Leader With A Purpose To Make A Difference In The World By Creating Innovative Solutions

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Kiran Surve,    CEO

Kiran Surve

CEO

If something goes wrong, there will be negative consequences, and that's what we mean by 'risk'. If unanticipated, your money, effort, and reputation may all be affected. As a result, each organization should have a risk analytics leader to assist and resolve riskconcerns and when we talk about risk management and technology enabled solutions, Kiran Surve, CEO of Care Risk Solutions, is one of the industry pioneers.

Kiran has worked in the US, Europe, Asia, and the Middle East in a variety of risk and analytics roles. His strong background in large-scale deals, solution management, and effective implementation make him the transformational leader he is today. In his career so far, Kiran has managed financial risk of over $25 million across top corporations.

Here is an excerpt from Kiran’s exclusive interview with CEO Insights.

What inspired you to take up the CEOs role at Care Risk Solutions, and what drives you today?
While working as a system integrator for another business, I observed several significant gaps in the risk-management market, and I believe risk has become an intellectual engine or the brain behind any solution. As a result, there were some essential frameworks that I wanted to produce for the industry that could be user-friendly and front-end focused. As there are no solutions that accomplish this, a great deal of back-end work must be conducted in several settings. Care Risk Solutions is a company that provides Chief Risk Officers(CROs) with risk management and compliance services, and when I was offered the position of CEO, I immediately thought about how I
could help alleviate the CROs' burdens and provide better solutions.

We have an abundance of resources that can be used to develop dynamic risk solutions. This is what motivates me each day. A strong desire to do excellent work in risk and compliance has helped me develop revolutionary solutions for a wide range of companies in India and around the world. My ultimate aim as CEO is to lead the firm to a revenue level of $1 billion by 2030.

Care Risk Solutions has an abundance of resources that may be used to develop dynamic risk solutions, and this is what motivates me each day


Could you talk about the learnings and experiences that you acquired from IIM Ahmedabad and how you apply them in your current role?
During my time at Zensar Technologies, I completed a course in Quantitative data Analytics(QDA) from IIM Ahmedabad and that training altered my perspective on statistics and the practical use of quantitative data analytics. This was around a decade and a half ago. Even though data analytics was a well-known term back then, I had a lot of questions about how to use it in realtime and how it might aid me in my profession. All my questions were answered with the information I obtained at IIM-Ahmedabad. To this day, I cherish the knowledge I acquired on how to apply quantitative data analytics to my company's operations and its potential effects on industry trends.

How would you define Care Risk Solutions as an organisation and its position in the market?
Even though our parent company CARE Ratings has been in business for more than three decades, Care Risk Solutions is a relatively new addition to the group. I approach my work as a CEO of a technological startup looking to make a significant impact. I want to create fresh solutions that are based on innovative technologies like the Internet of Things, Artificial Intelligence, and Machine Learning
and as far as technology is concerned, I am confident we will be at the top of the rankings very soon.

We want to become the issue solvers and pioneers in risk management for the healthcare and life sciences industries and for sustaining our market position, we have established four pillars. One is to be a provider of unique risk services. Secondly, we are looking at analytics as a whole business, which is going to be very different, and we want to investigate prospective choices in data science. Thirdly, we are keeping an eye on how much analytics is moving to the cloud, and we want to be a part of that infrastructure because we feel that the future would be the cloud. Our fourth pillar is the Center of excellence for certain product lines in which we aim to excel and create differentiators, These include cloud-based data warehouses such as Snowflake or a CRM like Salesforce.

Going forward, what are the goals that you wish to invest in and how do you plan to go about them?
There are many ways to assist the community. I want to spend my time establishing a knowledge base and assisting businesses and individuals in India. In our country, we have a huge wealth of talent, which when properly harnessed, might help us create a world-class economy. I would also like to engage in healthcare as after Covid, many firms understand that people are critical to their success. I am looking at how I could improve the healthcare industry using technology. And lastly, I would wish to concentrate on promoting financial knowledge among the little unnoticed industries.

Kiran Surve, CEO, CARE Risk Solutions
Kiran completed his MBA from Southern New Hampshire University and QDA Business Course from IIM Ahmedabad. Kiran has over 25 years of professional experience managing various roles in prominent companies such as Zensar Technologies & Wipro and is currently the CEO of Care Risk Solutions.

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