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Ex-Wipro Executive joins Aricent as CEO
By siliconindia
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Friday, 10 October 2008, 23:51 IST |
1 Comments
Palo Alto: Aricent, a technology and outsourcing company focused exclusively on the communications industry, has named ex-Wipro veteran Sudip Nandy as Chief Executive Officer. Nandy will also be appointed to the Board of Directors upon his arrival in October. Aricent's former CEO Ash Bhardwaj has resigned to pursue other interests.
Previously, Nandy was the President of the Technology Media and Telecom Business Unit at Wipro, overseeing more than 18,000 people and a revenue run rate of $1.3 billion per annum.
James H. Greene, member of KKR said, "We needed a proven global leader to ensure we maximize the tremendous market opportunity in front of Aricent. Sudip's rich track record and deep domain expertise in the communications and outsourcing industry make him a perfect fit, and we are excited to have him join the Aricent team."
Nandy also held positions as Chief Executive of the Telecom and Product Engineering Solutions Business Unit and Chief Strategy Officer at Wipro, responsible for setting and driving the strategic direction of Wipro Technologies globally, including mergers and acquisitions. He successfully completed nine M&A and two JV transactions in a two year period. Before returning to India in mid 2004, Nandy also headed the European Sales and Operations of Wipro based in London. Nandy worked in Silicon Valley for the better part of the 90s, first heading the R&D Services and Technology Business of Wipro in the U.S., and subsequently as the Vice President of Product Development and Marketing at a Silicon Valley start-up which was acquired by Wipro.
Nandy has a Bachelors Degree in Physics with Honours from the Indian Institute of Technology, Kharagpur and another one in Electrical Technology and Electronics from the Indian Institute of Science in Bangalore. He also holds an MBA from the Indian Institute of Management in Ahmedabad. Nandy has been an active member of the Institute of Directors, as well as the Global Executive Forum of the Economist Intelligence Unit.
"There is a fundamental shift happening in the communications industry as equipment manufacturers and service providers look for more innovation and deeper domain expertise from their strategic suppliers," said Sudip Nandy.
