SS Innovations International, Inc. announced the appointment of Milan Rao, age 54, as Chief Financial Officer, succeeding Naveen Kumar Amar as Chief Financial Officer following Mr. Amar?s resignation from the Company for personal reasons. Mr. Rao will be based in the United States and will work closely with the Chairman and executive leadership team during a planned transition period. Mr. Rao brings to SS Innovations more than three decades of executive leadership experience driving technology-enabled transformation, operational efficiency and growth at leading global companies across industries, including the healthcare sector.
During his career, he has developed expertise in managing worldwide operations, cross-functional teams, financial statements and budgets, M&A activities, and capital allocation strategies to scale platforms and deliver profitable growth. From June 2024 until joining the Company, Mr. Rao has been serving as Chief Operating Officer and Chief Revenue Officer of Markets & Markets, where he led global operations, sales, marketing and consulting, and was responsible for global partnerships and the firm's inorganic growth initiatives. From September 2021 to December 2023, Mr. Rao served as President and Global Business Head of Smart Energy Water (SEW").
From August 2017 to August 2021, Mr. Rao was President at Wipro Limited. Based in Princeton, New Jersey, he managed business units having revenues of approximately $1.8 billion with a workforce exceeding 25,000 and led turnarounds of the Industrials & Automotive and Telecommunications strategic business units. He also led Wipro's Technology & Transformation Office, including innovation, IP and platforms, marketing, and revenue operations, and launched a digital-first, AI-led transformation program.
From June 2013 to August 2017, Mr. Rao served as President and Chief Executive Officer of GE Healthcare for India, South Asia, and emerging markets, managing an approximately $800 million business with 5,000 employees across multiple entities. He advanced GE's India strategy as a center for research and development, technology, and manufacturing, supporting roughly 2,000 scientists and engineers and more than 2,000 manufacturing and service personnel across three plants, which contributed to over 20 value products for global markets and a threefold increase in local manufacturing and exports. Earlier in his career, Mr. Rao gained significant financial and capital markets experience through leadership roles at Morgan Stanley and Citibank.
Mr. Rao graduated with a Bachelor of Science degree in Computer Science & Engineering from the Indian Institute of Technology (Banaras Hindu University) Varanasi, where he has been recognized as a Distinguished Alumnus, and a Master of Business Administration degree in Finance & Marketing from the India Institute of Management Calcutta.
