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Young Global Leader: Sandeep Chatterjee

The Young Global Leaders for 2011 include 190 honorees chosen from 65 countries and from all stakeholders of society, including leaders from business, government and the media. Sandeep Chatterjee of San Francisco was one of them. A Siliconeer report.

(Above): Kolkata-born Sandeep Chatterjee was named Young Global Leader for 2011 byt the World Economic Forum.

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

The forum recently announced that Sandeep Chatterjee, co-founder of SourceTrace Systems, has been named a Young Global Leader for 2011. This honor, bestowed each year by the World Economic Forum, recognizes and acknowledges the top leaders – all below the age of 40 – from around the world for their professional accomplishments, commitment to society and potential to contribute to shaping the future of the world.

The 2011 honorees will become part of the broader Forum of Young Global Leaders community that currently comprises 668 outstanding individuals from around the world, including Mette-Marit of Norway, Crown Prince of Norway; Keisuke Tsumura, member of the House of Representatives, Japan; Tero Ojanpera, member of the executive board, Nokia Corporation; Michael Drexler, managing director, Barclays PLC; Tadhg Flood, managing director, Deutsche Bank AG; Peter Lacy, managing director, Accenture; Susan Athey, professor of economics, Harvard University; Tony Fadell, advisor to the CEO, Apple Computer; and, Mark Zuckerberg, founder and chief executive officer, Facebook.

Sandeep Chatterjee started the work that ultimately became the basis for SourceTrace Systems almost a decade ago when the United States government appointed him to research and develop a wireless technology solution to deliver secure banking and related services to the almost 4 billion people in the world who do not have access to such services.

His company offers transactioning software and services utilizing mobile phones, point-of-sale devices and other wireless and fixed line handsets working over existing telecommunications networks, for the financial services, agricultural commodities, healthcare and other industries. The technology has been used in Mexico, Central America, South America, Bangladesh, India, and Africa.

Chatterjee was born in Kolkata, India, and emigrated when he was 5 years old, together with his family, to San Francisco, where he still lives. He earned a Bachelor of Science (B.S.) degree in electrical engineering & computer science from the University of California at Berkeley, and Master of Science (M.S.) and Doctorate (Ph.D.) degrees in computer science from the Massachusetts Institute of Technology (MIT) in Boston, Mass.

While at MIT, Chatterjee invented a mobile technology solution that is preserved in a time-capsule as one of the most important inventions in computing, an honor Chatterjee shares with Bill Gates, founder of Microsoft, and Tim Berners-Lee, the inventor of the World Wide Web.

“Changing the world – for the better – will take creativity, deep thinking, global dialog, and most importantly, teamwork,” said Chatterjee. “I am honored to have been selected as a 2011 Young Global Leader, and to be included in this group of extraordinary individuals who, working and thinking together, will certainly have significant and positive impact around the world.”


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EDITORIAL: Justice Delivered
SUBCONTINENT: Anna Hazare’s Dharna
RECOGNITION: Young Global Leader
SUBCONTINENT: Somali Pirates Knock India
EDUCATION: Global School Silicon Valley
SPORT: Bay Area Cricket Alliance
BUSINESS: News in Brief
AUTO REVIEW: 2011 Toyota Tacoma
RECIPE: Paneer Chaatwala
ESSAY: Spring Break
BOLLYWOOD: Review: Dum Maro Dum
COMMUNITY: News Briefs

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