Swapan Kakumanu

Executive Team

Swapan Kakumanu

Executive Vice President & Chief Financial Officer

Mr. Kakumanu joined IDC in 2006 as Chief Financial Officer and was appointed Executive Vice President in July, 2009.

Swapan Kakumanu, Executive Vice President and Chief Financial Officer, brings to the IDC team his business acumen, knowledge of international markets and disciplined financial approach.

As CFO he is instrumental in improving the balance sheet performance, effectively managing the working capital, and driving a number of cost reduction initiatives. Mr. Kakumanu has taken on the additional responsibility for Operations, Human Resources and the Asia Pacific and EMEA & South Asia (Europe, Middle East and Africa) regions where he works closely with the regional Vice Presidents and distribution channels.

Mr. Swapan Kakumanu, was interviewed in May 2009 by the Editor of CEO/CFO, an online publication that focuses on publicly traded companies.

“Predominately if you go back 4 or 5 years ago and look at IDC, our market share was North America, and that being the United States. Over the last 3 years, we have been trending more towards the emerging markets, especially China. We are very strong in China, Latin America, India, the Middle East and Europe. At this point, we sell close to 50% to North America and 50% to the emerging countries of China, Latin America and India.” - Swapan Kakumanu

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BIOGRAPHY

Mr. Kakumanu has held a range of positions in finance and public practice, including Controller, corporate secretary and CFO for public and private companies in the information technology and energy services sectors.

Prior to joining IDC, he was Corporate Controller and secretary for an Energy Services Company in Calgary where he maintained overall business and finance responsibility and reported to the President & CEO.

At Quorum Information Technologies Inc. (TSXV- QIS), Mr. Kakumanu was CFO, where he was instrumental in converting the company from a private enterprise to a publicly traded company, and completed its IPO on the TSX Venture Exchange.

He has also held positions at the accounting and consulting firms of BDO Dunwoody LLP, Moore Stephens International and KPMG. He earned his Bachelor’s Degree from Osmania University in Hyderabad, India and holds a CGA designation from Canada and a CA and CWA designation from India.

Mr. Kakumanu oversees IDC’s financial controls and the Company’s ongoing program of process enhancement.

skakumanu@imagingdynamics.com