3i Infotech expands office in Riyadh

By siliconindia   |   Wednesday, 25 March 2009, 22:23 IST
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Mumbai: In a bid to strengthen its presence in the Banking, Financial Services and Insurance (BFSI) sector 3i Infotech, an IT solution provider has expanded its new center in Riyadh. "On-the-ground presence in Riyadh will provide huge comfort to banks, financial institutions, mutual funds and insurance companies and also facilitate Government projects in the region," said Pankaj Chawla, Chief Operating Officer, 3i Infotech (MEARC). The company has appointed Amit Trigunayat as the operations head of 3i Infotech's Saudi Arabia practice. The new office will cater to banking and financial institutions as Riyadh and Jeddah are the hubs of the BFSI sector. It has already bagged customers like as Al Fozan and the Zamil Group. The 3i Infotech scrip was down 0.5 percent at 30.8 on the Bombay Stock Exchange today.