Citicorp is trying to change its personality. Is ageing workforce holding back economic growth? ... 61, still identified with his successful stint in the IT sector after 25 years in Citibank. Jerry has 1 job listed on their profile. With marquee investors like HDFC, IFC, Carlyle and Caspian Advisers, VBHC has large-scale expansion plans and promises to deliver 18,000 homes in the next 3 years as it expands its national footprint across India. 93102 55573. [email protected] +91-11-41084900. I got to know him many years after I graduated from there. But Jerry Rao’s VBHC isn’t giving up. Citibank Online; Grow your wealth today, for tomorrow. An amalgamation of people with rich and vast corporate experience from diverse backgrounds, … Jerry Rao has roped in home finance major HDFC as a strategic investor in his new low-cost housing venture, Value & Budget Housing Development Corporation. Playing next. Jaithirth Rao, popularly known as Jerry Rao, is an Indian businessman and entrepreneur.He is the founder and former CEO of the software company MphasiS.He is the founder of Value and Budget Housing Corporation (VBHC) (now known as VBHC Value Homes Pvt. Gå med i Facebook för att komma i kontakt med Jerry Rao och andra som du känner. Enjoy fantastic discounts for your holiday shopping with Citi Credit Cards. Chemistry, BSc, Loyola College (1971); Indian Institute of Management, Ahmedabad, MBA (1973); University of Chicago, MBA (1981) Mphasis was formed in June 2000 after the merger of the US-based IT consulting … India Business News: The BPO debate is no longer on whether outsourcing is costing jobs in the US or whether the booming call centre business is a good thing for the India Business & patriotism, mutually exclusive? Topic. Sir, it is being given to understand from the sources that Mr.Jerry Rao was significantly involved in a multi Crore Citibank scam and had to stay out of India to avoid being trapped by the Indian Government. He has been chairman of … By Shloka Nath. Value & Budget Housing Corporation is now adopting a strategy of developing smaller five-acre housing projects. Jerry Rao's Fourth Act Former Citi India head, Mphasis founder and poet. Jerry Rao remembers… by apaxon. Founder, Chairman, Value and Budget Housing Corporation (Real Estate; IT; Banking). JuriMatrix offers services such as litigation discovery, corporate due diligence, contract management and legal research. Value & Budget Housing Corporation Pvt. Indian entrepreneur and is the Founder and CEO of SMEcorner. Jerry Rao is Chairman at Value & Budget Housing Corp. See Jerry Rao's compensation, career history, education, & memberships. Pls enable JavaScript and try again. View the profiles of people named Jerry Rao. This project spreads over 4 acres of land and includes creatively crafted 2BHK apartments. He eventually moved to California to head Citibank’s technology department. He also details how he believes a company can best embrace social responsibility through employee volunteer time, and how and why he came to publish a book of poetry. View Jerry Glock's business profile as Vice President, Trade & Advisor at Citibank. Jerry Rao promoted VBHC, which is known for its affordable homes, is foraying into mid income housing category with a new project in Bangalore. VBHC Vaibhava Bhiwadi which is set among tranquil environ is a perfectly planned residential project in Bhiwadi. Topics similar to or like Jerry Rao. He discusses the challenges of starting a technology company in California during a time in which most computer programmers were in India. Stay up to date on result for: Jerry Rao & Lawrence Ho. We were planning on entering the Credit Card Business. property in neemrana,flats in neemrana,apartment in neemrana,1bhk in neemrana,2bhk in neemrana,plots in neemrana,investment in neemrana 100% (1/1) ... Rao held several positions in Citibank prior to his founding MphasiS in 1998. He discusses the challenges of opening a foreign bank in India and how the foreign exchange shortage in Indian helped propel Citibank’s success in India. * for a 3-month SGD or USD time deposit. ... Chartered Accountant and a Cost Accountant, and has worked with companies such as Citibank, HDFC Bank, Barclays Bank and Equifax. I was looking for a good consultant to help us understand whether there was a real business proposition and as to how … In addition to his role at 4Cplus, Rao is … This project spreads over 4 acres of land and includes creatively crafted 2BHK apartments. Their high-flying executives in India - who later became household names in other fields - like Jerry Rao, Aditya Puri, AS Thiyagarajan epitomized the 'ugly American' approach to banking - perhaps the fact that they were Indians with the backing of a foreign … And coincidentally, the two initiatives in this segment this year have both been promoted by former Citibank bigwigs. Share. Jerry Rao We found 14 results for Jerry Rao in Alabama, Arizona, and 10 other states. Jerry Rao, serial entrepreneur and founder of the India-based Value and Budget Housing Corporation, discusses how the lack of water and power for toilets in rural areas in India causes huge drop out rates in schools for girls entering puberty, and what needs to be done. Jaithirth (Jerry) Rao Jaithirth Rao Jayatheertha Rao. , describes the impact of regulation on the construction industry in India, and the need for further change to enable the building of affordable housing. Jaithirth Rao also known as Jerry Rao, is an Indian businessman and former CEO of the software company MphasiS.. Rao was born in Bangalore and is an alumnus of Loyola College in Chennai, Indian Institute of Management in Ahmedabad and the University of Chicago.Rao held several positions in Citibank prior to his founding MphasiS in 1998. MphasiS management has been battling declining orders from the parent, piling up pressure on the share price which has slumped 40% in the last two years. He is a visiting faculty at both the institutions. Projects in Bangalore. Jerry Rao remembers… I did not know Labdhi Bhandari at IIMA. The Indian media makes mini-celebrities out of the CEOs of multi-national banks like Citibank/Bank of America etc. Report. He has been honoured with the Distinguished Alumnus Award from the University of Chicago. Now, apostle for affordable housing. BANGALORE: Jerry Rao promoted Value and Budget Housing Corporation (VBHC), which is known for its affordable homes, is foraying into mid income housing category with a new project in Bangalore. Jerry holds Master’s degrees in Business Administration from the IIM-Ahmedabad as well as the University of Chicago, US. Jerry Rao. Book your loan via Citi Mobile App and get up to S$400 GrabFood Voucher* Get protected and enjoy up to 18.88% p.a. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. How Jerry Rao is building low-cost houses profitably Prev Next H e is, however, hopeful that of a sample target of 10,000 families, around 2,000 will indeed opt for such a flat. I was looking for a good consultant to help us understand whether there was a real business … Technical glitches in CoWIN app triggered communication lag and concerns among the beneficiaries. He has testified before the U.S Congress on Internet-related issues. For reprint rights: Vaccination suspended till Jan 18 in Maharashtra, Maha suspends Covid-19 vaccination till Jan 18, 62% Covid warriors vaccinated in Karnataka, Over 1.91 lakh people vaccinated on Day 1: Govt, Bird flu in poultry confirmed in Maharashtra, The Economic Times Digital Payments Forum, Ajay Piramal wins the most contested bankruptcy bid for Dewan Housing Finance Ltd, Invesco India Largecap Fund Direct-Growth, Defence allocation and China threat: In this budget, FM will have to bite the bullet, Why technology is the only path to sustained growth for MSMEs, Higher job losses faced by those below 40 years of age not good for recovery: CMIE, India's friction with US rises over planned purchase of Russian S-400 defence systems, Go neutral on equities, or start booking profit? Jerry Rao's Fourth Act Former Citi India head, Mphasis founder and poet. Jerry Rao, the iconic founder of IT firm Mphasis, is completely immersed into his next business innings: Nano housing. He discusses the challenges of India’s many regulations and required construction permits and how the company manages to stay profitable despite the slow building process. There are 10+ professionals named "Jerry Rao", who use LinkedIn to exchange information, ideas, and opportunities. We will shortly get in touch with you. Since it's way past one, Rao suggests we eat and so we sit down to a meal of rotis, vegetables, rice, dal, raita and masoor pulao and lots of … Entrepreneur-in-residence, Harvard Business School (2008). Jerry holds Master’s degrees in Business Administration from the IIM-Ahmedabad as well as the University of Chicago, US. Join Facebook to connect with Jerry Rao and others you may know. “In fact we both retired from Citi at the same time in 1998. Published: May 18, 2009 07:02:10 AM IST . The Citibank Credit Card Business in India went on to become a first mover, a pioneer and a market leader. The chief executive officers of Standard Chartered and ANZ are former Citibankers. He earlier headed Citibank's Global Technology Development Division and Global Electronic Cards Division. He blames a regulatory system which keeps adding new laws without removing old ones, requiring him and others to secure multiple approvals from layers of lower and middle level civil servants. Founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. This will create an email alert. He is a visiting faculty at both the institutions. Jerry holds a master's degree from the University of Chicago and an MBA from Indian Institute of Management, Ahmedabad. Having read a good deal about Jerry Rao (he was one of the honchos with Citibank, before he started Mphasis), coupled with the fact that RKN is one of my favorite authors, I couldnt help but read it. VBHC House, # 74 & 75, Millers Road, Vasanthnagar, Bangalore, Karnataka, INDIA. “I have known Yashiro-san from my Citibank days,” says Jerry Rao, CEO of MphasiS-BFL, which did a lot of preliminary groundwork for the IT roadmap at Shinsei. And coincidentally, the two initiatives in this segment this year have both been promoted by former Citibank bigwigs. Moreover, Richard S. Braddock, chairman of Priceline.com and a former president of Citicorp, was an angel investor in Mphasis, and this month he joins its board. Area of these flats is 866 square feet, Spacious and meticulously designed apartments here give a luxurious feel. 100% (1/1) MphasiS BPO Mphasis Limited. Grover Vineyards, one of the leading domestic wine companies, is close to offloading 35% stake to Jerry Rao and a consortium of financiers. [Jerry Rao and his wife also run the Sujaya Foundation] ELCINA House,422 Okhla Industrial Estate, … "Quitting Citibank was the most defining bet of my career: Jerry Rao, Former CEO, MphasiS,", "Delhi-NCR has highest unsold housing inventory: Assocham,", "Jerry Rao: Diaspora and Entrepreneurship in the Global Economy,", The Evolution of Business Leadership: Insights from Harvard's Creating Emerging Markets Project, Lifting the Lid on Turkey's Hidden Business History, What Gandhi believed is the purpose of corporations, What Machine Learning Teaches Us about CEO Leadership Style. The Citibank connection has also proven helpful in landing clients. Rao, who had previously founded Mphasis, had promised he would do a housing project with flats in Rs 10-15 lakh range. Now, apostle for affordable housing. I learnt ethics working under Nanoo Pamnani, who was a very tough task master", said Jayakumar. He is a visiting faculty at both the institutions. Jaithirth Rao, popularly known as Jerry Rao, is an Indian businessman and entrepreneur.wikipedia. Consumer division of financial services multinational Citigroup. VBHC Vaibhava Bhiwadi which is set among tranquil environ is a perfectly planned residential project in Bhiwadi. VBHC Vaibhava Bhiwadi which is set among tranquil environ is a perfectly planned residential project in Bhiwadi. It does not, and should not be construed as, an offer, invitation or solicitation of services to individuals outside of the United States. And to think that he did not live to see it and share in our successes! Citibank. "I have for the longest period of time worked with Jerry and he has been an inspiration. 17 Related Articles [filter] Mphasis. A few days later, there was another change. Previously, he was the Founder, Chairman and CEO of MphasiS. He was also the Founder, Chairman and Managing Director of Mphasis during which … Rao fully transitioned to the technology industry in 1997 when he and his partners developed a software for banks to provide their services online, MphasiS. Jerry Rao, a serial entrepreneur and founder of the India-based Value and Budget Housing Corporation, describes his company's innovative strategies for building affordable housing and competing in India's real estate market. Mr.Rao was a founder of the Online Banking Association in the U.S. I did not know Labdhi Bhandari at IIMA. Chartered Accountant and a Cost Accountant, and has worked with companies such as Citibank, HDFC … Jaithirth Rao, popularly known as Jerry Rao, is running on a new track after donning different hats in his career spending two decades with Citibank, a … The U.S in this segment this year have both been promoted by former Citibank bigwigs Bhiwadi is... ’ s Consumer Business jerry rao citibank India in terms of education & Placements your. Regulations and policies governing industry were liberalized in the late eighties, I was in charge of Citibank ’ Consumer! More tomorrow is different found 14 results for Jerry Rao, popularly known as Jerry Rao several. Other ex-Citi people have joined me, '' Mr. Rao said entrepreneur founder. Was perhaps the dirtiest player in the late eighties, I was in charge of ’... 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