Gorilla Technology appoints Satish Venkatesan to drive innovation across Americas

On April 14, 2025, Gorilla Technology Group Inc., a global provider in various technology sectors including Security Intelligence and IoT, announced that they have appointed Satish Venkatesan as their Chief Solutions Strategist for the Americas. This strategic move is aimed at enhancing the company's operational capabilities in key territories such as the United States, Brazil, Colombia, Panama, Peru, and the Amazon-connected smart infrastructure corridor. Venkatesan will be based in New Jersey and will report directly to Jay Chandan, the Chairman and CEO of Gorilla Technology. His vast experience, spanning almost three decades, includes significant roles in product engineering and the adoption of emerging technologies, particularly within financial services and insurance. Satish Venkatesan’s previous position was at Cognizant Technology Solutions Corporation, where he notably contributed to innovation within the financial services sector. His work at Cognizant included leading their InsuranceNext Labs, which focused on revolutionary technologies such as IoT, blockchain, and telematics. This expertise is expected to be pivotal in shaping Gorilla Technology's future strategies, notably in expanding AI-powered urban systems and public safety initiatives across the Americas. Venkatesan’s hiring is seen as a vital step in Gorilla’s ongoing drive for innovation and deepened partnerships within these regions. In addition to this leadership change, Gorilla Technology reaffirmed its commitment to its share buyback program, having repurchased over $4.5 million worth of shares. The company's Board and management see this initiative as a means to return value to shareholders while also expressing their confidence in the intrinsic value of the company itself. The concerted focus on their capital allocation priorities is evident, as they aim to stabilize and enhance their market positioning amid competitive pressures. Gorilla reports that the consistency of their buyback efforts illustrates their belief that the company remains undervalued in the marketplace. Overall, Satish Venkatesan’s appointment is not only an expansion of leadership but also underscores Gorilla Technology's long-term strategy and their desire to leverage technology to improve smart city initiatives, as well as to forge new opportunities in public safety and infrastructure projects throughout the Americas. The company is poised to benefit from Venkatesan's seasoned perspective on technology-driven business transformation as they continue to innovate and adapt in a rapid technological landscape.