Management - AIPL

With changing times, we have evolved to match the world’s best; with service to humanity as our driving force and technology as a means to get there.

Our Corporate slogan, “Committed to Excellence” has always inspired us to be the best.

Albertsons International was founded in 1995 with a vision to offer niche products and services to the banking and retail industry. From offering Loyalty Cards to banks and retailers, Albertsons has come a long way during the two decades of its existence. Today Albertsons offers a complete range of currency and coin processing equipment, from simple Ultraviolet Lamps to world class technologically advanced Cash Recyclers.

Albertsons foresaw the need for automation in processing cash in a rapidly growing economy, where majority of small value transactions even today are cash based. To help banks, financial institutions, and retailers ease the drudgery of handling cash, and improving efficiency, Albertsons started offering currency processing equipment and maintenance services.

Over the years Albertsons has grown from a single office operation in Bangalore to a network of more than 20 Sales Offices and more than 100 Service Stations spread across the length and breadth of India including the North Eastern Region.

Albertsons has supplied more than 50,000 units of various cash processing equipment and supports more than 25,000 installations across the country. The quality of Albertsons products and the responsiveness of its services has made it, the most preferred vendor at banks, financial institutions and retailers.

Dr. John Wilfred Lobo

Managing Director

Dr. J. W. Lobo is the Founder and the Managing Director of Albertsons. With a PhD in Economics, Dr. Lobo’s expertise lies in the area of cost economics, which he has used for the promotion and implementation of a number of cost saving solutions using automation systems at number of banks, PSU and other governmental organizations. With a career spanning more than 3 decades, he has led Albertsons from the front throughout its arduous journey to its current leadership position as one of the most preferred vendors to the banking industry for currency processing equipment. Prior to Albertsons, Dr. Lobo served for more than 15 years with Bradma.

Dr. Lobo has been presented with the ‘Rashtriya Ekta Award’ by the Union Ministry for Environment & Forest, Govt. of India in recognition for achieving excellence in the field of ‘Innovation’ and ‘Mechanization’.

Philanthropy occupies the center-stage in Dr. Lobo’s conduct and he is a regular donor to charitable organizations and social causes for betterment of underprivileged.

Victor Sequeira

Executive Director

Mr. Victor Sequeira is one of the Founding Directors and the Executive Director of Albertsons. Mr. Sequeira has over 25 years of experience in marketing and product development in varied fields. In the past Mr. Sequeira has worked with Wipro, Bradma & HCL. Over the last two decades as Executive Director at Albertsons, Mr. Sequeira has played a pivotal role in product visioning and development. He brings with him a keen eye for detail that has ensured that Albertsons products have outshined its competitors in performance and durability. Mr. Sequeira has also been instrumental in expanding the Albertsons network across India and taking Albertsons reach to every nook and corner of the country.

Mr. Sequeira in his spare time works with underprivileged youth and orphans to help them become self reliant and employable. Over the years he has helped a large number of adolescents go out into the world with skill sets that has transformed their lives.

A.D. Serrao

Director – Administration

Mr. A.D. Serrao is one of the whole – time Directors of Albertsons for more than a decade. He is responsible for administration and human resources at Albertsons. Prior to Albertsons, Mr. Serrao has served for over a decade in the Senior Management Team of Deejay Group where he was a core team member for Deejay Group’s diversification into Aquaculture. As a full time Director at Albertsons, Mr. Serrao is actively involved in day-to-day administration of the company as well as managing the human resources of the company.

Mr. Serrao has a passion for driving and loves putting his motoring skills to test on the sinuous roads of the Western Ghats when he can find some time away from this responsibilities at Albertsons.

Ashish Verma

Senior Vice President (New Business & Corporate Affairs)

Mr. Ashish Verma has been with Albertsons since 2006 and currently serving as Sr. VP (New Business & Corporate Affairs). Mr. Verma is responsible for strategic planning, developing new businesses and project execution. At Albertsons, Mr. Verma has been instrumental in developing performance metrics, revenue and cost planning, Albertsons foray into third party equipment maintenance business, Digital Signage and Cash Recycler business.

Mr. Verma is an alumnus of IIT Bombay & MIT (USA). Prior to joining Albertsons, he has been involved in cutting edge collaborative aerospace research projects with agencies like NASA, Northrop Grumman, UTRC, DRDO, NAL etc. After his academic pursuits he has been involved in setting up an airline.

Mr. Verma spends his spare time solving puzzles, reading, photography and cooking.

Melvin Peres

Vice President – Operations

Mr. Melvin Peres is one of the earliest employees of Albertsons. Starting as Sales and Services Executive, he has risen through the ranks by demonstrating constant leadership qualities. He has vast operational experience and contributed immensely in building Albertsons operations grounds up over the years. From managing sales & services to field training recruits to setting up Albertsons operations in virgin territories, Mr. Peres has been involved in the thick of Operations.

As the Vice President (Operations), he is responsible for customer care, product & services quality, and achievement of Albertsons sales & service targets. Apart from this he heads the Technical Development Cell of Albertsons where product innovation, testing and technical support to Albertsons Service team is anchored.

Ramesh Shetty

Asst. General Manager (Finance & Accounts)

Mr. Ramesh Shetty has been with Albertsons from 2005 and is currently serving as AGM (Finance & Accounts). Mr. Shetty’s responsibility includes management of company’s finances and accounts, internal audits, statutory compliances, development and implementation of systems and procedures for overall administration of Company. Prior to joining Albertsons, Mr. Shetty has worked with Cila Advertisers in the accounting department. As the Head of Finance & Accounts, Mr. Shetty has skillfully managed cash flows, and company finances to ensure that Albertsons grew steadily during the recent recession. Systems and processes implemented by him have helped the Company remain lean and responsive to emerging market scenarios.

Mr. Shetty is an enthusiastic programmer and likes to develop software and systems that help Albertsons automate a lot of clerical drudgery.

Teresa Andrade

Senior Manager – Legal & Company Affairs

Ms. Teresa Andrade has recently joined Albertsons as Senior Manager – Legal & Company Affairs. Ms. Andrade is an Associate Member of the Institute of Company Secretaries of India and has served first with ING Vysya Bank Limited in their Secretarial Department and thereafter as the Company Secretary of Goldman Sachs (India) Securities Private Limited and Goldman Sachs (India) Finance Private Limited respectively.

As Senior Manager – Legal & Company Affairs at Albertsons, Ms. Andrade takes care of all Legal, Secretarial and HR related matters as well as compliance with statutory requirements. Apart from this, she is also responsible for coordinating with all of Albertsons Branch offices and Service Stations for ensuring smooth functioning and maximising efficiencies across the Company.

In her spare time, Ms. Andrade likes cooking, gardening and listening to music.