Sudhakar Ram, Founder and Chairman and Managing Director of Mastek Ltd, has bagged the CNBC Asia’s India Business Leader of the Year award for 2007. Mr. Ram has been the moving force in leveraging the company’s strengths as an IT solutions company, and led its repositioning, focusing on chosen verticals like insurance and government. He has also been instrumental in identifying the futuristic ‘Third Wave’ opportunity for the Indian IT industry.