Ashok Vemuri joins iGATE as President & CEO

There is something between Infosys and iGate. Another ex-Infoscian has succeeded Phaneesh Murthy( who was ousted from iGate post sexual harrassment case filed by Araceli Roiz). In a latest development, Ashok Vemuri, who had quit Infosys some time back has joined iGate as its CEO.

Vemuri joins iGATE from Infosys, where he most recently held the roles of Member of the Board of Infosys Limited, Head of Americas and Global Head of Manufacturing and Engineering. Vemuri also served as the Chairman of Infosys China and was on the Board of Infosys Public Services. He earlier established and ran the Financial Services and Insurances business for nine years, making it the largest business unit within Infosys. In his role as Head of Americas, Vemuri was responsible for Infosys' business operations in the company's largest region-with $4.7 billion in revenues-and he oversaw all facets of the business, from strategic direction to maintaining and improving financial and operational efficiency.

Reflecting on his appointment Sunil Wadhwani, Co-Founder and Co-Chairman of the Board of iGATE said, " After an extensive search process, we are delighted that Ashok will be joining iGATE as President and CEO," noted. "Ashok brings a tremendous track record of success and accomplishments working across a range of businesses at Infosys, where he was directly responsible for driving growth for numerous multi-billion dollar businesses. He is a talented and established leader, and the Board has great confidence in his ability to drive iGATE to continued growth into the future."

Ashok Trivedi, Co-Founder and Co-Chairman of the Board of iGATE, also stated: "On behalf of the Board and iGATE as a whole, Sunil and I want to extend our deepest gratitude to Gerhard for his extraordinary efforts and leadership as Interim President and CEO. Gerhard has been a dedicated and effective leader in managing this transition process. iGATE has a strong business model and Ashok is the right person to lead iGATE into the next phase of growth and opportunity."

Commenting on his new job Ashok Vemuri said, "iGATE has great market opportunity right now because of the success of its Business Outcomes-based model and the company's ability to deliver excellent solutions across numerous vertical markets. I am very excited about assuming the roles of President and CEO and look forward to working with the Board of Directors and the management team to deliver on iGATE's growth strategy, leveraging the Company's unique offerings."