iGate CEO Ashok Vemuri now in Capgemini’s management board

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iGate CEO Ashok Vemuri has been elevated to Capgemini's highest executive decision making body. He is now part of the company’s group management board.

The decision to promote Vemuri comes months after the Paris-based IT services giant bought the Fremont, California-based outsourcing firm for $4 billion, reported the Economic Times.

According to two people familiar with the move, Vemuri is part of the board along with other top executives such as chairman and chief executive Paul Hermelin; deputy CEO Salil Parekh; consulting and BPO head Olivier Sevillia; infrastructure services business Patrick Nicolet; group CFO Aiman Ezzat and people management and transformation head Hubert Giraud.

A Capgemini spokeswoman confirmed the development in an email to the financial daily: "We can confirm that Ashok Vemuri has joined Capgemini’s GMB (Group Management Board)."

Other top iGate executives have also been given new roles such as HR head Srinivas Kandula is now leading the integration with Capgemini from iGate's side, the people mentioned above said.

In April, CapGemini said it would buy iGate, which has most of its operations and employees in India, for $4 billion in cash to create an entity with a combined revenue of about $14 billion to gain access to the world's largest technology market, North America, and some of iGate's customers like General Electric and Royal Bank of Canada.

(Image: Indiatimes)
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