As Global Managing Partner for Business Analytics and Strategy at IBM Global Business Services (GBS), Shankar is responsible across all industries globally for consulting services that include: digital front office; operations and supply chain; finance, risk and fraud; advanced analytics; technology and data; change and workforce; and The Institute for Business Value.
Prior to this position with IBM, he was President of Global Growth & Operations for Thomson Reuters. Here, he headed $1.2B P&L, and was charged by the Board and CEO to accelerate growth in Latin America, Russia/CIS, Middle East, Africa and Asia. In this role, he grew revenues by 50%, reduced costs by 10% and installed a high-performance culture for the company via a “Right People, Roles and Tools” strategy. And, as Thomson Reuters’ President of Financial Professionals & Marketplaces, Shankar stemmed three years of revenue erosion, and restructured the organization to achieve annualized efficiency savings.
Prior to Thomson Reuters, he served IBM in several roles, including IBM General Manager of Global Banking & Financial Markets, driving 7% revenue growth year over year IBM Global Lead Partner for Banking and Financial Markets, Business Consulting Services, responsible for $3B consulting services business; and IBM Practice Leader for Global Financial Services Strategy & Change, where he led a team of 300 on projects in North America, Europe and Asia Pacific.