New Delhi, Mar 13 (PTI) TAC Security, a leading player in risk and vulnerability management, on Wednesday said it has appointed Altaf Halde as its chief business officer.

TAC Security provides security software products and solutions in India and abroad to banks, financial institutions, government regulatory bodies and departments, and large-scale enterprises.

Also Read | Ram Mandir in Ayodhya Witnessing Average Footfall of 1 to 1.5 Lakh Pilgrims Daily, Says Temple Trust.

The Nagpur-headquartered company is planning to raise funds through initial public offering (IPO) for business growth.

In his new role, Halde will be responsible for developing and executing business strategies, besides overseeing the company's operations in APAC and Middle East regions, TAC Security said in a release.

Also Read | Who Is Nayab Saini? All You Need To Know About BJP Leader Set To Be New Haryana CM.

Trishneet Arora, Founder & Chief Executive Officer of TAC Security, said Halde's experience in the cybersecurity sector will accelerate the company's growth into the next orbit.

The company has recently filed a Draft Red Herring Prospectus (DRHP) with the NSE Emerge.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)