Sunmark Credit Union Promotes Vik Muktavaram to Executive Vice President and Chief Financial Officer

 

Sunmark Credit Union announced today the promotion of Vik Muktavaram to Executive Vice President and Chief Financial Officer. In this expanded role, Vik works directly with Sunmark President and CEO Jerilee Beaudoin on leading the ideation and implementation of strategic objectives for the credit union. His responsibilities include strategic leadership, vision and oversight for the credit union’s finance and accounting, risk management, operations, legal, and information security functions.

 

Vik has more than 25 years of experience in the areas of finance, strategy, risk management, and technology. He joined Sunmark Credit Union as Chief Risk Officer in 2022 and was appointed Interim Chief Financial Officer in 2024. Prior to his time at Sunmark, Vik served as a Principal with Satori Consulting, a strategy and management consulting firm based in New York City. Before that, he served as Chief Risk Officer for Old Mutual Bermuda, an investment management company, and spent 10 years as a management consultant. Vik has also held executive roles in technology and finance for financial services and insurance companies.

 

He holds an MBA from Columbia Business School, a master’s degree in computer science from Oklahoma University, and a bachelor’s degree in chemical engineering from Osmania University. Vik previously served as a member of the Board of Education for the town of Westport, CT, and a member of the board of Bridge Academy, a charter school in Bridgeport, CT.  He donates time and resources to supporting several community organizations, including the Rensselaer County Regional Chamber of Commerce, where he speaks at leadership events.

 

“Vik is truly an exceptional leader and role model who has garnered the respect of the Board, his peers, and his fellow colleagues. We’re thankful for his commitment and dedication to Sunmark," said Jerilee Beaudoin, President and CEO of Sunmark Credit Union. “He’s a tremendous asset to the credit union and will continue to play a critical role in the fulfillment of our strategic vision. I’m looking forward to our continued partnership and collaboration in his expanded role for Sunmark.”

 

Learn more about Vik:

Q: Looking back to your youth, what did you want to be when you grew up?

A: At different points throughout my childhood, I wanted to an actor, an astronaut, a cricketer, a writer, a scientist…

 

Q: What is your favorite local restaurant?
A: Hands down, Hooked! Not only is their food great, we’re lucky to have them as our neighbor at our headquarters in Latham.

 

Q: What are your hobbies, or something you like to do outside of work?

A: Running, skiing, golfing, and reading.

 

Q: What is your favorite book?
A: Crime and Punishment.