Board of Directors

Sanjay Varma Co-Founder & Vice Chairman

Sanjay founded JMATEK Group in 2007, and led it as CEO for over 5 years. In 2013, Sanjay transitioned to Vice Chairman role focusing on innovation and business development. Previously, Sanjay was VP of Business Development at Alibaba.com in its early days. Sanjay started his career with McKinsey & Company in India and also worked with the family trading business, Oriental American Jaima, in Hong Kong. Sanjay has an undergraduate degree from University of Michigan and an MBA from Columbia University in New York. In September 2013, Sanjay was awarded the “Outstanding Entrepreneurship Award” by Enterprise Asia for his leadership in building JMATEK into a global leader in home comfort and energy efficiency. Sanjay is a Board Member of the social service organization “Running to Stop the Traffik”, and is an advisor to and investor in several startups.

Naresh KumraManaging Director & CEO

Naresh joined JMATEK in 2013 through a management buy-in (MBI) to help build a global leader. In 2012, Naresh founded La Rochelle Ventures, an investment & advisory firm focused on building highperforming, innovative companies in Asia. During 2006-12, as President -Asia Pacific, Naresh led transformation and building of a highly successful Asia business for Belden Inc., an NYSE-listed technology company. Previously, Naresh spent 6 years with McKinsey & Company in New York area. Naresh started his career with Schlumberger’s electronics business, and held several positions in France and India over 6 years. Naresh has a B.Tech. in Computer Science from Indian Institute of Technology (IIT) Delhi and an MBA from Darden Business School at University of Virginia (UVa), where he received the prestigious William Michael ShermetAward for academic excellence. Naresh is actively engaged with several organizations to promote entrepreneurship and improve access to quality education for all.