Valapad, November 23, 2015: Manappuram Finance Ltd. has launched an extensive hi-definition video-conferencing facility that will eventually connect its head office at Valapad (Thrissur District) and Corporate Office Annexe at Mumbai with all its 31 Regional Offices. The company’s newly established Manappuram Centre for Innovation and Excellence at Bangalore is also a part of this network. Manappuram expects substantial cost savings from the measure, especially on travel, board and lodging. The project has been initiated by the company’s Training Department headed by Mr. Sooraj Nandan, Senior Vice President – Strategy.
Speaking at a function at the company’s HO marking the formal inauguration of the facility, Mr. V.P. Nandakumar, MD & CEO, noted that in the fast changing world of information technology, it is imperative that the management of the company remained constantly in contact with ground level employees. This initiative will enable regular two way communication between management and the ground level functionaries essential for maintaining competitive edge in the market. Through the video conferencing facility, the company expects to carry out a wide range of tasks like review meetings, interviews, product launches, training programmes etc. The first phase of the launch covers 22 major locations in the country.
